June 6, 2010

FALSE BREAKOUTS OF BANK NIFTY

  • Bank nifty has given two false break outs in daily chart.
  • The previous two triangles which broke on the down side ended up as false break outs.
  • The current break out has happened on the upside so will this be a false one as well. Looking at the global markets situation it may en up as another false break out.
  • CLICK HERE TO SEE NIFTY WEEKLY ANALYSIS

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