Bank nifty closed flat at 11020 but trend is very bullish and strong up moves & in the free flowing zone. As per the present position it is looking that it still may continue its up trend & may move more from here. The next technical resistance in Bank Nifty Future seems to be around the levels of 11500 to 11550. So one may go for buy on dips strategy in it until it close below 10500.
Friday, August 20, 2010
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