Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, October 23, 2012

Reigning The Nifty 22nd October 2012

Weekly Chart
Weekly charts are bullish with a higher high higher low sequence.The breakout from the equilateral triangle has a target of 6300 which seems very much in the horizon.The red trendline has been a strong support and resistance and needs to be crossed to achieve this target.Sideways to mild down action of the last two weeks need to be broken for some direction. 
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Happy Trading !!

Lakshmi Ramachandran

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