Tuesday, 16 December 2014

Bank Nifty Chart Update fo 17/12/2014







Bank Nifty Chart Updated 16/12/2014 EOD...



Finally the angle was broken for a move from 18173 to 17901....



The low was at 17776.35 aand close at 17830.55.



Index has closed very weak and has immediate resistance at 17930 for 17/12/2014...



So watch this level carefully for recovery if it materializes.....



Major support is way below at 17350....













Happy Trading !!!



Analysis given with mandatory disclosure given on site on 03/12/2014..Pls read it before taking any trading decisions.......

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