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
www.vipreetsafetrading.com
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