Thursday 8 August 2013

Bank nifty may move up

In yesterday’s trading session bank nifty has shown strongness, although some selling pressure is seen in closing hours. Bank nifty may move higher today also according to my levels given below.

Probability Of Going Up in %    58.0496

Probability Of Falling Down in %    41.9504

Expected Price Range    173.4198

Up And Down Trend Cross Over Price Points

Up Trend    9885.405

Down Trend    9798.695

Buy Entry Price    9885.405

Stop Loss    9798.695

Target 1    9908.2964

Target 2    9949.2234

Target 3    9978.358

Target 4    10015.4698


Sell  Entry Price    9798.695

Stop Loss    9885.405

Target 1    9775.8036

Target 2    9734.8766

Target 3    9705.742


Target 4    9668.6302
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