Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, August 23, 2012

Reigning The Nifty 23rd August 2012

Daily Chart

Half Hourly Chart

Rising wedge formed in the last 10 days shown on daily charts in blue and on half hourly charts in red.This is a bearish pattern and in sync with the negative divergence on oscillators.A pullback would ensue once the support line at 5382 is broken.Resistance at 5438.

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Happy Trading !!

Lakshmi Ramachandran

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