Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, March 30, 2012

Reigning The Nifty 30th March 2012

Daily Chart

Daily Chart

The Nifty gapped down but the gap was filled soon enough.Trade for the entire day was below yesterday's low of 5169 but managed to close above it.The support from the falling channel from November 2010 is at 5109 and from the flag is at 5056.Chances of the uptrend resuming is high if these supports hold.

Half Hourly Chart

Fibonacci supports and resitances marked in the chart above.

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Happy Trading !!
Lakshmi Ramachandran

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