Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, October 10, 2012

Reigning The Bank Nifty 10th October 2012

Daily Chart  

 Half Hourly Chart 

 The fall took a pause today making a doji and an "Inside Day" both of which could be indicating a reversal or a pause in the fall.
An Inside Day is a day that has a lower high and higher low than that of the prior day and shows hesitation by the market players who are wary whether the current trend will continue. The doji too conveys the same message.

Holding the low of 11321 shows bulls are still active.Only a break below this level will bring in more weakness.

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Happy Trading !!
Lakshmi Ramachandran

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