July 16, 2010

Bank Nifty Chart analysis

  • Bank Nifty is showing a break out from resistance.
  • Now it has started to  retrace to the break down point.
  • Don't try to enter at higher levels. Have clear entry points like Break of yesterday's high during intraday for going long. If your entry signal does not come skip the trade.
  • STATE BANK OF INDIA TECHNICAL VIEW

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