Tuesday, July 30, 2013

Bank nifty is trading at oversold zone : Buy on dips

Bank nifty is  trading at oversold zone

money is out so expecting for fresh buying or demand here ….money flow index at 23


trading at pivot level… possible up turn

last two week volume  indicating for selling climax on weekly candles

low possibility towards 9700

brighter chances 11k    11450


bank nifty buy on dips with stoploss  of 50 to 60 points for upside targets 11000  11500 in 30 days .


BANKNIFTY_Weekly_29-07-2013




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Bank nifty is trading at oversold zone : Buy on dips

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