June 7, 2010

Bank Nifty can give a large move

  • Bank nifty week chart shows price is consolidating in between two trend lines.
  • MACD has made a lower high while the index making a higher high.
  • Breaking the lower trend line can bring about a big correction.
  • CLICK HERE TO SEE HOW BANK NIFTY GIVES FALSE BREAK OUTS IN LINE CHART(DAILY TIME FRAME)

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