December 19, 2010

BANK NIFTY Chart analysis

WEEKLY CHART
DAILY CHART
  • Weekly Chart on closing basis may give support for bank nifty.
  • Daily chart shows resistance at 11652 area. Closing above this level will give some strength for the bulls.
  • But 20 DMA and 50 DMA may act as resistance level on its way up.
  • TATA MOTORS CHART ANALYSIS

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