Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, June 26, 2012

Reigning The Nifty 26th June 2012

 Daily Chart

Resisted once again at the blue uptrendline but managed to hold above the red dotted downtrendline.Support at 5136 important level for bulls. Fall below 5040 will make a short term lower low and may lead to a faster fall.As shown below trade above 5170 is proving difficult.
Oscillators showing signs of tiring out.

Daily Chart

Half Hourly Chart

Close below the redrawn support line of the rising wedge.Crucial supports at 5094-5042

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Happy Trading !!
Lakshmi Ramachandran

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