Sunday, 3 March 2013

BANK NIFTY

THE BANK NIFTY IS STILL IN A UPTREND. A CRUCIAL SUPPORT EXISTS AROUND 11475 LEVELS. ON A DAILY CHART BANK NIFTY HAS FORMED A DOJI CANDLESTICK PATTERN. SO CONSIDERING THESE 2 FACTS i.e.  THE INDEX IS TRADING AROUND A VERY CRUCIAL SUPPORT AREA AND IT HAS FORMED A DOJI ON DAILY CHART A POSSIBLE TECHNICAL BOUNCE BACK UPT0 11700-11770 LEVELS CANT BE RULED OUT.


 

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