Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, March 7, 2012

Reigning The Bank Nifty 7th March 2012

Daily Chart
Volatile day due to poll results.The trend in the short term is down and continued today to make a lower low in the ongoing correction.
Half Hourly Chart
The red neckline of the inverted cup and handle formation is around 10010. If broken the Bank Nifty could slide below the 61.8% fibo level at 9083.
Half Hourly Chart
Supports and Resistance marked on the charts


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Happy Trading !!
Lakshmi Ramachandran

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