Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, November 1, 2012

Reigning The Bank Nifty for 31st October 2012

Half Hourly Chart


 The long wait is over with a violent breakdown.The targets are 11080-10935 as shown on the charts.61.8% fibo support level of rise from 10797 to 11745 is at 11159.50 day ema is at 11047. If these supports fail  then the gap at 10643-10797 will be tested.

 Resistances now will be 11276-11300-11394
Only a close above 11394 will give some hope to the bulls in the near term.

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Happy Trading !!

Lakshmi Ramachandran

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