Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Sunday, September 13, 2020

Lower high Lower low in place

Weekly Chart 

 Daily Chart 

Nifty has recovered 50 % of the fall from 11794 to 11185.A lower high lower low is in place confirming a short term downtrend. Only a close above 11585 will negate this.

 Five Minute Chart 

The correction is within a falling channel as shown on the 5 minute chart.A breakout from the channel will be the first sign of the upmove resuming.

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Happy Trading !! 

Lakshmi Ramachandran

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