October 5, 2012

Bank Nifty Chart update

  • Bank nifty daily chart breakout from its 215 points correction should move above 11751 levels
  • Weekly chart shows next price resistance levels closer to 11900 levels.
  • Last chart shows MACD still in Buy mode. MACD Histograms have started to Diverge negatively but price keeps its up move going. Price also staying above 10 Day EMA which should help bulls to extend this up move.
  • S&P 500 EOD UPDATE
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1 comment:

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