February 13, 2012

BANK NIFTY Weekly analysis

  • Bank nifty has given a clean breakout from the channel. But the indicators in week has reached overbought levels which may lead to a correction. Daily chart is also showing negative divergence But bears need price to break below last week's candle low or 10 Day EMA on closing basis for a decent pull back to happen.
  • S&P 500 WEEKEND UPDATE
  • NIFTY WEEKLY ANALYSIS

No comments:

Post a Comment