Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, January 18, 2012

Reigning The Nifty 18th January 2012

 Daily Chart

 Gap up opening scaling the rising wedge easily.Rise continuing inspite of the overbought state. All this shows bullishness.5100 the target mentioned in my 23rd December post --   -- is now within reach.Cautiously long is the mantra now as the intermediate trend has not reversed yet

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Happy Trading !!
Lakshmi Ramachandran

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