Daily Chart
Extremely bearish candle closing below the 200 dema.The 1290-1292 area should hold as it is the 38.2% retracement level of the rise from 1075 and the peak made in October 2011.The triangle pattern target is at 1295.If fails then will slide to 1250-1202.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment