October 31, 2012

Bank Nifty Range breakdown



  • Daily chart of BN shows a range breakdown. And if price sustains below 11244 levels we should see Bank nifty slipping below 11000 levels possibly towards 10800 area.
  • Daily chart shows 50 Day SMA at 10890 and a GAP just below this line. These two areas may act as support in daily time frame.
  • Weekly chart shows a rising support line which may act as crucial support level for BN
  • INTRADAY LIVE CHART FOR BANK NIFTY WITH AUTO REFRESH
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