Tuesday 11 June 2013

Bank Nifty below 200 DMA


Bank Nifty



Bank Nifty has closed below 200 DMA at 11850 for the first time since April. Now it is likely to reach a target of 11450 in short term.

Nifty medium term trend


Trend  DOWN
Initiation Date 23-05-13
Initiated at  5967
Low since change 5780


Disclaimer : Charts presented here are not for recommendation or to advice . They are for educational purpose. More details such as stop loss , target are shared with subscribers.

 

Thought for the day

Just because you have problems, it doesn't mean you should not have Dreams. Instead, let your dream become the scheme to solve your problems .

 

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