Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, July 3, 2012

Reigning The Bank Nifty 3rd July 2012

Daily Chart 

A weak follow up tp Friday's bullishness.Positives are that a higher high and low candle was made.Support at the 9900 to 10000 levels where all emas are positoned should hold well.Till then the bullishness should continue.

Half Hourly Chart 

Half hourly chart shows Bank Nifty on way to achieve the inverse head and shoulders target with a possible dip due to the minor negative divergences in the overbought region shown by the oscillators on half hourly charts.

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Happy Trading !!
Lakshmi Ramachandran

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