Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, September 26, 2012

Reigning The Nifty 26th September 2012

 Daily Chart 

A gradual lower high lower low candles being formed since Monday.Today's candle was a doji confusing the bears as well as the bulls about Nifty's direction.The uptrendline support at 5604 is crucial to be held as it coincides with the 61.8% fibonacci level of rise from 5528 - the gap up candle low made on 14th September 2012.

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Happy Trading !!
Lakshmi Ramachandran

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