February 17, 2011
- Range resolved on the upside.
CHART-II ( RANGE IN 15 MINUTES CHART)
CHART-I (DAILY CHART)
- Bank nifty futures is trading near 50 day moving average.
- If price sustains below 10900 we may see a correction.
- Break above 50 dma will give good up move.
- 15 Minutes shows a range which should be resolved for a clear direction to emerge