My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 24, 2015
Bank nifty chart update
- Immediate support for bank nifty at 20 Day SMA. Bears need a close below this level for bigger falls to start. Daily MACD is also suggesting weakness but price need to stay below 18600 levels.
- Weekly cloud continue to act as support. bigger weakness only on price closing into the weekly cloud.
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