Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Monday, January 30, 2012

Reigning The Bank Nifty 30th January 2012

 Weekly Chart

 Daily Chart

The Bank Nifty is at crossroads.The medium term downtrend is on the verge of reversing.The short term uptrend on the other hand is very mature and asking for a reversal.It is difficult to predict whether the bulls take advantage and reverse the downtrend or give in to the bears to resume the downtrend.Hedge your longs with sold calls and wait to see who whether the bulls win or the bears

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Happy Trading !!
Lakshmi Ramachandran

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