October 17, 2013

Bank Nifty Support and Resistance levels

 
  • Bank nifty shows strong resistance at 100 Day SMA. This has to be taken out on closing basis for a bigger up move to happen.
  • Daily chart also shows a bearish engulfing pattern.
  • Last chart shows crucial support levels for Bank Nifty. A lower closing today would confirm or strengthen the bearish engulfing pattern.



By at

1 comment:

  1. commoditytipsDecember 2, 2013 at 5:44 PM

    Nice blog and you should daily watch nifty levels by tradingresearch
    http://accurate-stock-commodity-tips.blogspot.in/2013/12/get-live-review-on-nifty-levels.html
    Register Yourself @ http://www.tradingresearch.in/free-stock-tips-free-commodity-tips.php
    Contact us@ 08109022000,0731-6461777 Get more Nifty Levels

    ReplyDelete

Subscribe to: Post Comments (Atom)