March 26, 2012

BANK NIFTY Analysis

  • Short term support and resistance levels are 10130 and 10590.
  • On the downside BN has many crucial support levels so a breakdown below 10130 may not give a trending move, For that bears need the 200 SMA to be broken.
  • On the upside closing above 10590 may give good momentum for BN for targets like 10900 and above.
  • NIFTY WEEKEND UPDATE

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