September 8, 2011

BANK NIFTY Futures intraday update

CHART - I
CHART-II UPDATED
  • Bank nifty futures has given a breakout above the neck line of an IHNS pattern.
  • Now price is testing the breakout line.
  • If price stays above the line it favor bulls.
  • Price falling below the neck line and hours closing below it may lead to a correction.

No comments:

Post a Comment