Friday, November 18, 2011

JNSAR for 21.11.11 & BankNifty's Tech.table.



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BN, downtrending, moved below all supports & impulsing.


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Thursday, November 17, 2011

JNSAR for 18.11.11 & BankNifty's Tech.table.



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BN, downtrending, may bounce for a day or two if 8960 or 8920 is held at the open.


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Wednesday, November 16, 2011

JNSAR for 17.11.11 & BankNifty's Tech.table.



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BN, downtrending, would show mild strength above 9150.


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Tuesday, November 15, 2011

JNSAR for 16.11.11 & BankNifty's Tech.table.



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BN's golden ratio retrace is @ 9181 with lead indicator below 20 in Day.

Trend remains clearly down in all time frames.
9125-65 are the earlier support zones from which it has made good recovery.
9181 is the golden ratio point.
Failure to find a bottom today could drag it down further in the coming days.
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Monday, November 14, 2011

JNSAR for 15.11.11 & BankNifty's Tech.table.



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BN may start the next part of the rally if 9165/9225 is held.


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Sunday, November 13, 2011

Technical Analysis of Stocks

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