Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 5, 2013
Bank Nifty Chart update
Bank nifty testing previous resistance level which may act as support again.
BN also near 50 Day SMA.
But the alignment of Weekly MACD lines looks bad for BN Bulls. If 50 SMA does not hold we could see a bigger fall.
SBI RANGE BREAKDOWN
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