July 15, 2013

BANK NIFTY Chart analysis

 
  • BN Bulls need a daily close above 11752 for moving higher.
  • Weakness on price trading below 5 Day High EMA.
  • Weekly chart shows a bullish engulfing pattern which needs weekly candle to breakout above 50 Week SMA and the cloud.




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1 comment:

  1. UnknownJuly 22, 2013 at 1:07 PM


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    Thanks & Regards :
    Nifty and Bank Nifty

    ReplyDelete

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