Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, August 29, 2012

Reigning The Bank Nifty 29th August 2012

Daily Chart 

 Half Hourly Chart 

 10056 which is the previous low made and the 200 dema  at 10072 were violated and the Bank Nifty has closed below the 200 dema. The gap at 10222-10140 has been closed. The fall seems to be getting deeper with the bears strengthening.A pullback is due and a sell on rise would be in order.

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Happy Trading !!
Lakshmi Ramachandran

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