January 7, 2011

Bearish Engulfing of BANK NIFTY

  • Bank nifty is looking weak. Price is showing its 3rd bearish engulfing pattern in weekly chart..
  • Third bearish engulfing will be confirmed with today's close.
  • Since the index is oversold, Price may find support near 10970 level. 
  • US DOLLAR TECHNICAL ANALYSIS

No comments:

Post a Comment