Take Our Survey! Nifty Reporter's Live Diary........: Banks poised dangerously!

Friday, 16 March 2012

Banks poised dangerously!


Banks: Caution
Of late, we have witnessed a good rally in banks in the previous 2 months.
They are on the verge of forming double tops at this stage.
Today we will be entering markets with volatility in mind.
Scrips, particularly banks and infra may be subjected to huge swing trades today...
Do not enter with the predetermined mind.
Your stop loss may be triggered and it may become difficult to exit 
your positions in case of wrong trades.

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