Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Tuesday, August 21, 2012

Reigning The Bank Nifty 21st August 2012

Weekly Chart 

Daily Chart 

Half Hourly Chart

The Bank Nifty failed to breakout from the 10056-10640 range which continues to be the immediate trend deciders.
Weekly charts show a negative bias with a close below the uptrendline from 10056.
  The huge resistance area of  10640-10782 proved  difficult to cross as anticipated but if successfully scaled a good upmove will ensue. 
Daily charts show the coiling getting tighter and breakout levels on the daily chart are 10375 and 10514.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran   

No comments: