My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 2, 2015
Bank nifty chart analysis
Bank nifty weekly chart shows good negative divergence. This Divergence is shown only for a guidance, trading based on it can be risky as it may take time to confirm the divergence.
Immediate support levels are 20 Day SMA and 18410 level. Weakness in daily chart if price closes below these levels.
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