Daily Chart
Half Hourly Chart
A good bounce from the 55% retracement area.triangle target of 5000 achieved.Close of opening gap was a bullish sign.Pullback will face resistance in the 5135-5170 area which is the 50 and 61.8% fibo levels as marked on half hourly charts.The green neckline of the head and shoulder bearish formation too is around the 5135-5140 levels.
Pennant formation still valid.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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