March 28, 2012

BANK NIFTY Chart analysis

  • Bank nifty price near the apex of a contracting pattern should give a breakout or breakdown soon.
  • Lower bollinger band and 200 SMA may act as strong support.
  • Close above 20 Day SMA should result in a breakout.
  • Weekly support and resistance levels too is holding 
  • CNX - IT CHART ANALYSIS


No comments:

Post a Comment