Monday, February 17, 2014

Bank nifty moves in range

Hi friends,
                     I had posted Bank nifty analysis few days back ,After finishing
the abc it again started up move though still range bound,Lets look at the chart.
Bank nifty moves in range
From the chart we see
after finishing green
abc ie B of bigger
degree the bank nifty
rallied for c wave up
now if a=c we have a
target of 10440+ .
If it stretches we will
see so as of now we
should target 10440+

on banknifty ie trendline resistance as well as a=c target.



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