August 11, 2011

BANK NIFTY - Previous Resistance Acting as support

  • 9920 Levels was acting as resistance in 2010.
  • This level is giving support as of now.
  • If This week candle closes above 9920 we might see decent bounce in major banking stocks.
By at

3 comments:

  1. keshavAugust 11, 2011 at 10:42 AM

    hi

    i can see small head and shoulder in nifty spot 30 min and 60 min chart give your view.

    ReplyDelete
  2. SanAugust 11, 2011 at 11:33 AM

    @keshav
    Its looking like an inverted head and shoulders with bullish possibilities. I will try to do an update

    ReplyDelete
  3. keshavAugust 11, 2011 at 11:36 AM

    ya it's inverted from last day 10:30am try to crossneak link

    ReplyDelete

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