July 11, 2010

Bank Nifty will enter its resistance zone

  • Bank nifty is trading close to its resistance zone of 9726-9874
  • It seems it will enter this area on Monday. The index has faced resistance for several times from this area.
  • And it will be tough this time too for bank nifty to close above it. A successful close above this with high buying volume can push the index to new high's.

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