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Saturday, March 27, 2010

Bank Nifty Future Tips


Bank nifty future made the strong upside breakout on long time frame charts and also made strong closing above it. In the bank nifty future we recommend long position for the tg of 9590 and if it close above 9600 and sustain this level then one could go for the tg of 9720 in it during near term. The traders could even go for buy on dips in bank nifty future until it close below the support range of 9300 to 9330. Technical indicators like rsi is also in great direction in daily as well as in weekly charts giving the positive signal for bank nifty future.

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