November 22, 2012

BANK Nifty Range and contraction

 
 

  • Bank nifty daily chart shows a contracting pattern which may give a bigger move.
  • Price testing 20 Day SMA after getting support near 50 Day SMA. Bulls need price to sustain above these two levels for a bigger up move.
  • Weekly chart still shows price inside the 9 Week old range. until price closes outside the boundaries of this range its better to trade the range.
  • BANK NIFTY LIVE CHART WITH AUTO REFRESH
  • NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH

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