June 4, 2012

BANK NIFTY Weekly chart Analysis




  • All charts shows bearish possibilities.
  • For a Trend change price must sustain above 5 Week High EMA or 50 Week SMA.
  • Sustaining below 8900 will further weaken BN. Closing below 8900 may take price towards 8100 levels as shown in the last chart.


By at

1 comment:

Subscribe to: Post Comments (Atom)