My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 22, 2012
BANK Nifty Range and contraction
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGnSR8sxN3lg0YXWeYprzywfbIt164vM84-uQjkh2VPWtRs7NiKy7hhGAHtMYwafIeslvE-MIUqH3A2nJfltufVlQONxTKcLYuSnxsEcrYs5peq6Bg_rmN9OCvraBfCNCrkSCK8watUl8/s640/BANK+NIFTY+RANGE.png)
- 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
Subscribe to:
Posts (Atom)