Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Tuesday, July 24, 2012

Reigning The Bank Nifty 24th July 2012



Daily Chart 




The fall from the rising wedge precipitated with a gap down opening.The target for this breakout is around 9100.Gap resistance at 10482-10402 will now be the first important resistance to be scaled for the bullishness to resume.
Oscillators on half hourly charts in extreme oversold zone and so is the daily stochastics.A pullback may be in order sooner than later.A sell on rise till the gap at 10482-10402 is filled.


Half Hourly Chart 




follow me on twitter http://twitter.com/#!/lucksr


Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com 

No comments: