December 9, 2010

BANK NIFTY SUPPORT LINES

  • Bank nifty daily chart is showing support near 11125 levels.
  • We have a support area and a trend line near this level.
  • another minor support exist between 11250 - 11260. Break of this level will extend the correction up to 11125 level.
By at

1 comment:

  1. SanDecember 9, 2010 at 3:06 PM

    Support mentioned above has not held properly. There is a an H&S possibility with much deeper targets. Will do an analysis tomorrow.

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