BankNifty Trading tips 10th Jan 2012

BankNifty Trading tips 10th Jan 2012 : Markets trading in a very narrow range since last week. Nifty trading in a range between 4680-4800 and testing the patience of the day traders. Until it comes out of the range and forms a trend it is not suggestible to take heavy trades.

BankNifty trades in a 200 point range between 8300 and 8500. BankNIfty is forming a symmetric triangular pattern in the day charts but getting narrowed. So fingers crossed for upside move above 8500.

Technical Levels – 8150 – 8200 – 8360 – 8500 – 8670.

8670 also holds to be the Monthly 50 Ema which is quite significant. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post: