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BANK Nifty

Discussion in 'Technical Analysis' started by vishuhd1, May 10, 2013.

  1. vishuhd1

    vishuhd1 Member

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    Looking at the chart, I feel that there could be an anticipated breakout possible in Bank Nifty beyond 12752 levels... The chart is looking much similar to HDFC Bank chart... If the breakout happens beyond 12950 levels, we could see nifty also going much higher from the current 6100 levels.. Share your views on this..
     
    vishuhd1, May 10, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    12200 should be taken as stop loss and I think that is bit steep.
     
    shabbir, May 11, 2013
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  3. vishuhd1

    vishuhd1 Member

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    You are right.. Off late, banks rallied a lot in quick succession..
     
    vishuhd1, May 11, 2013
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