Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, March 16, 2012

Reigning The Bank Nifty 16th March 2012


Daily Chart
Half Hourly Chart
A day of correction.Support taken above the 38.2% retracement level shown in red on half hourly charts.Support on the freshly drawn uptrendline is at 10200. Gap supports at 10505-10625 and 10133-10286.Uptrend will be in danger only if the low of 9940 is broken.
A move above 10912 required to continue with the uptrend.Resistance levels marked in green.


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Happy Trading !!
Lakshmi Ramachandran

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