Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, August 28, 2012

Reigning The Nifty 28th August 2012

 Daily Chart 

The fall continued reaching the first support of 5342  but managed to close exactly at the important level of 5350.The rising wedge is now broken decisively and could take the Nifty down to 5246. The gap support at 5261 should help the Nifty find support at these levels.

Half hourly oscillators are in the oversold region and may lead to a pullback.

 Half Hourly Chart 


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Happy Trading !!
Lakshmi Ramachandran

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