BANK NIFTY FUTURE MAY EXPIRY POSITIONAL VIEW.......11 MAY 2012

BANK NIFTY MAY EXPIRY HAS MADE BEARISH HEAD & SHOULDER PATTERN ON CHARTS AND HAS FORMED BEARISH FORMED ALSO. IT IS LOOKING BEARISH AND CAN BE SHORT ON EVERY RISE WITH KEEPING STOP LOSS ABOVE 9600 ACCORDING TO RISK LEVEL AND TARGET WILL BE BELOW 9100 IN COMING DAYS. IT WILL POSITIVE IF HOLDS AND TRADES ABOVE 9960.