Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, February 23, 2012

Reigning The Bank Nifty 23rd Feb 2012

Daily Chart
The 61.8% retracement level of the entire fall was too strong to cross and the bulls gave in to the bears rather easily today forming a big bearish candle, closing back within the uptrending channel and below the green trendline.Supports now at 10575-10321 below which the fall may intensify.

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Happy Trading !!
Lakshmi Ramachandran

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