Bank nifty is moving under a consolidation phase but its over all trend is bullish. Bank nifty is managing 12900 level. If it sustain above this level we can see some up move from here, resistance for bank nifty is at 13130/13250 and support at 12600/12445. One should take long position in bank nifty above 12900 with target of 12930/12960.
Tuesday, November 2, 2010
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