Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 11, 2012
BANK NIFTY Chart update
200 Sma will act as resistance on an up move.
Price closing the week and sustaining below 50% Fib level will continue to favor bears.
Breaking below 9340 may target the Golden ratio and the channel resistance line.
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