Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, June 21, 2012

Reigning The Bank Nifty 21st June 2012

 Daily Chart

 Daily charts show Bank Nifty moving in an upward sloping channel and may be on a leg up having taken support yesterday at the lower end.
Half hourly charts show the same after drawing the red dashed uptrendline.The rising wedge breakout is still valid.A cup and handle formation can be seen with neckline at 9876.Breakout will give a target of 10133.

Half Hourly Chart

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Happy Trading !!
Lakshmi Ramachandran

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