Thursday, August 15, 2013

5720 Crossed. Next Resistance 5790 & 5860

Dear All,

>>>Click the chart to see on full screen<<<


5720 Crossed on Wednesday shows that the rally should continue more. Also break out on Bank Nifty along with many beaten down Bank stocks must help nifty to reach the next two levels.

>>> Bank Nifty <<<

>>>Click the chart to see on full screen<<<

Bank Nifty even tough break out, 100 HMA along with 23.6% resistance should be crossed for a good upmove. So lets wait and see.