My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 22, 2014
BANK Nifty Chart update
Bank nifty managed to close above 23.6% Fib level But yet to cross the 50 Day SMA which is crucial.
Weekly chart shows price nearing the crucial weekly cloud which has been acting as resistance level in the recent past. Bulls must do a weekly cloud break for a bigger up move to happen.
No comments:
Post a Comment