June 25, 2013

BANK Nifty chart Analysis

  • Bank nifty weekly chart shows price nearing crucial support resistance level near 11050 - 11100
  • Bank nifty still in sell mode But weekly stochastic is fast approaching oversold zone which may give some relief for bulls.
  • Daily chart with 5 Day High EMA shows no pause or turnaround as price continues to move away from 5 DHEMA

No comments:

Post a Comment