October 1, 2012
- Bank nifty above 10 Day EMA and 5 Day Highe EMA. Daily MACD although looking weak is still in Buy Mode.
- Immediate range for a big trade is shown in the last chart.
- A bigger fall possible below the golden ratio or 11226 levels.
- Breakout above 11536 may start a move towards 78.6% Fib level.
- NIFTY WEEKEND UPDATE