Thursday, February 13, 2014

Bank nifty structure

Hi friends,
                  I had posted banknifty chart few days back .The index didnot move
that way though its a small range so it didnot affect  .
Lets look at the chart now and count the eliiotwave counts.
Bank nifty structure
From the chart we
see we had a sideways
triangle which broke
upward ,As long as
10275 is maintained we
can expect another rise
else c would be considered
over below 10275.
Nothing much to do
as of now small range
stock specific action is on.

But soon we would have trending move.


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