Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, October 17, 2012

Reigning The Bank Nifty 17th October 2012

Daily Chart  

 Bank Nifty broke out of the flag intraday but soon fell back into it proving bulls not strong enough to get the rally back on track.Redrawn the flag resistance line which has resistance at 11482.If breaks out will attempt to cross the highs at 11745 else will move down towards the target of the rising wedge at 10685.Support at 11245.

follow me on twitter!/lucksr

Happy Trading !!
Lakshmi Ramachandran

No comments: