Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, November 25, 2014

Reigning the Nifty !

 Excerpts from Daily Analysis sent to subscribers

Half Hourly Chart 

  • Nifty made a bullish candle on daily charts after opeing gap up  making a new high at 8535. The gap at 8477-8491  will be immediate support.
  • Half hourly chart shows an expanding tringle forming which is a bearish pattern and has met resistance exactly at the resistance line. Trade above 8535 is necessary to avoid a leg down.
  • Previous high 8180 and gap at 8169-8200 will be strong support if Nifty weakens further.

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Happy Trading !!

Lakshmi Ramachandran

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