Thursday, 30 August 2012

Bank Nifty 30 August 2012





Bank Nifty is trading well below breakdown Level 2. 

It is in Sell on rises means we sell at every resistance area. 
The resistances for today are 10047.60 and 10135.
Support is at 9959/60

Today being expiry day we may see whipsaws in the market.
Trade with caution or stay out.

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Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT