Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, October 23, 2012

Reigning The Bank Nifty 22nd October 2012

Weekly Chart

Weekly charts are bullish with a higher high higher low intact.Also it is above the 100 week ema shown in green.This Ema has been a good indicator of the trend.The latest action is sideways with breakout points at 11745 and 11245.This 500 point range is proving difficult to navigate resulting in whipsaws in the short term.

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Happy Trading !!

Lakshmi Ramachandran

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