Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, April 27, 2012

Reigning The Bank Nifty 27th April 2012

 Daily Chart

An Inside day pattern was formed.This is a pattern showing indecision to continue with the on going trend which in the short term is down.Oscillators have reached levels from which earlier bounces have materialised. Watch if the high of the pattern 10278 is taken out to get an early indication of the down move halting.

Half Hourly Chart

Half hourly charts show the breakdown very much in progress in a downward moving channel.Levels of breakdown / breakout marked on charts.

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Happy Trading !!
Lakshmi Ramachandran

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