August 17, 2012

BANK NIFTY Chart analysis

  • BANK Nifty Daily in a contracting triangle pattern
  • Weekly chart shows price resistance at 5 Week High EMA. For bulls need a weekly and daily close above the resistance levels.
  • Bears need to break the crucial support at 50 Day SMA.
  • CNX IT RESISTANCE LEVELS


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1 comment:

  1. NattuAugust 17, 2012 at 11:31 PM

    Hi Sam ji...

    Can you please update the TCS current trend.

    Regards,
    Nattu.

    ReplyDelete

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