Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, March 28, 2012

Reigning The Bank Nifty 28th March 2012

Daily Chart

A long legged doji showing extreme indecision/confusion. Closed above the 50 dema and mauve trendlineonce again.Having occured in a good support zone it may be indicating a reversal.A potential double bottom could have been made today.Look for the support trendline to be held as shown below.

Daily Chart

Half Hourly Chart

Levels for support and resistance marked in the chart above.Till the flagsupport  is not broken bullish efforts will continue.

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Happy Trading !!
Lakshmi Ramachandran

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