Posts
MTECHTIPS
WWW.MTECHTIPS.COM
07489294118/119
Mtechtips BANKNIFTY FUT intraday trading analysis 08-10-2012
Bank nifty spot today closed at 11511 with loss of 125 or –1.05%.today after hitting high of 11745 which intraday target also banknifty slipped and made freak low of 10,043 on huge freak sell volume in sbin,icici bank and hdfc banks.currently for intraday basis still holding uptrend and bullish momentum as closed above 11480. for monday on upside 11655 and 11830 are major resistances levels while on lower side 11480 is major momentum and trend support if close below it then may enter into downtrend cycle for short term.
Above 11480 hold intraday long view and long positions
for target for 11655 and 118300 but if slip below it
correction upto 11300-11250 may expected!!
WWW.MTECHTIPS.COM
07489294118/119
Mtechtips BANKNIFTY FUT intraday trading analysis 08-10-2012
Above 11480 hold intraday long view and long positions
for target for 11655 and 118300 but if slip below it
correction upto 11300-11250 may expected!!
No comments:
Post a Comment