Tuesday, December 7, 2010

BANK NIFTY TRADING SYSTEM

BANK NIFTY TRADING SYSTEM

Open : 12020.00 High : 12050.00
Low : 11689.00 Close : 11805.00

TREND : BEARISH

Bank Nifty Futures broke below the crucial 12000 mark in opening session and immediately tested the level of 11700 area , making it vulnerable to more losses towards the 11400 zone in the coming sessions. Only a close above the 12200 mark with good volumes will bring it back above the 12600 area with some positive bias.

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