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Wednesday, May 9, 2012

BANK NIFTY FUTURE MAY EXPIRY IS LOOKING BEARISH.......09 MAY 2012



BANK NIFTY FUTURE MAY EXPIRY IS MAKING BEARISH HEAD & SHOULDER PATTERN ON CHARTS AND ALSO TRADING BELOW 100 DAYS EXPONENTIAL MOVING AVERAGE @ 9596.27. HARDLY UPSIDE IS LOOKING UP TO 9620 AND THAT IS 100% SELLING OPPORTUNITY. OTHERWISE CAN SHORT @ 9485 - 9515 AND 2ND LEVEL @ 9620, TARGET @ 9315 - 9255.
Posted by NIFTY ANALYSIS at 12:10 PM

3 comments:

  1. NIFTY ANALYSISMay 9, 2012 at 1:08 PM

    AFTER GIVING THE SIGNAL MADE THE LOW BANK NIFTY FUTURE MAY EXPIRY LOW @ 9375.10.

    ReplyDelete
  2. NIFTY ANALYSISMay 9, 2012 at 7:59 PM

    1ST TARGET ACHIEVED @ 9315, DAY'S LOW @ 9311. CALL ROCKED.

    ReplyDelete
  3. NIFTY ANALYSISMay 11, 2012 at 11:10 AM

    2ND TARGET ACHIEVED @ 9255, DAY'S LOW @ 9251 ON 11 MAY 2012.

    ReplyDelete

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