The chart pasted above is the daily chart of Bank Nifty.
Yesterday broken the support at 12740 and today closed at 12548.
Is this counter ready to dive to sub 12000 level?????
A small support exists at 12350.
Will it hold or go below 12000?
Any ways just concentrate on 12500 and 12400 puts and buy them buy keeping stop loss for Bank Nifty at 12700..........
NIFTY 04-Feb-2013
ReplyDeleteCurrent Market Situation :
NIFTY current close : 5987
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 18 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 6012
NIFTY intraday resistance 2 : 6041
NIFTY intraday resistance 3 : 6083
NIFTY intraday support 1 : 5962
NIFTY intraday support 2 : 5933
NIFTY intraday support 3 : 5891
for more log onto
Markets Quantified