follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Friday, April 8, 2011
S&P 500 update --9th April 2011
Daily Chart
Sideways move continues with a minor lower low and lower high and a fourth doji in a row.A decisive break up or down very soon should resolve the stalemate.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Reigning The Nifty 8th April 2011
Daily Chart
Half Hourly Chart
A lower high and lower low formed from key reistance trendline. However the selling pressure of the previous two occasions on 5th november 2010 and 3rd January 2011 is missing. The correction has been sideways till now.
The half hourly chart shows the sideways movement in the form of a bearish head and shoulder pattern.Break of neckline around 5870 will give a 80 point move which may find support at the 23.6% fibo level of the rise from 5348 to 5944.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Reigning the Bank Nifty 8th April 2011
Daily Chart
Pennant broke down only intraday and so stalemate continues.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Thursday, April 7, 2011
S&P 500 update --7th April 2011
Daily Charts
Third doji in a row within the range of 1339-1328. Till the high of 1344 is taken out decisively bias towards the range breaking down is higher.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
Subscribe to:
Posts (Atom)
