Half Hourly Chart
Today seemed a pullback to yetserday's fall. However ,support has been taken at the 38.2% retracement level of 5586, marked on half hourly chart, is a bullish sign. Till today's bottom of 5583 holds the pullback could continue.A move above the breakdown level of 5630 will prove the break to be false.
However,only a move and close above 5725 resistance will indicate resumption of the uptrend.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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