Tuesday, April 16, 2013

BANKNIFTY VIEW AS PER 2 CHARTS.


AS PER THIS CHART WE SEE IS IN DOWN CHANNEL AND TODAY ITS CROSS RESISTANCE LINE WITH GOOD VOLUME AND CLOSE ABOVE THAT WITH COMFORT DISTANCE. 



AS PER THIS CHART WE SEE SOME VERTICAL SUPPORT AND RESISTANCE LEVELS. AS PER THIS WE SEE ITS CROSS ALL RESISTANCE LEVEL IS SINGLE UP WORD MOVE WITH GOOD VOLUME. ITS INDICATE THAT SOME GOOD NEWS EXPECTED IN THIS SECTOR. NOW NEXT RESISTANCE LEVEL IS NEAR 12055 AND ABOVE THAT 12240. SO ONE CAN TRADE ACCORDINGLY.

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