April 25, 2011

BANK NIFTY Futures Intraday update

  • The hour chart of Bank Nifty futures. 
  • For bulls Price should not slip below the supporting trend. Staying above the trend line will result in a clear breakout above 12000 level.
  • If price falls below the trend line it will be negative for the bulls at least for the short term.
  • Daily chart has a bullish outlook:BANK NIFTY IHNS. Trade it with the help of hour chart.

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