Saturday, March 3, 2012

BN, in corrective mode, is developing a contracting triangle with 10540-10220 boundaries..

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Friday, March 2, 2012

JNSAR for 03rd March & BankNifty's Tech.table.

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BN, in corrective mode, could attempt 20sma-10520 holding above 10230.

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Thursday, March 1, 2012

JNSAR for 02nd March & BankNifty's Tech.table.

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BN, in corrective mode, has 10340 & 10605 to make some decisive moves...a complicated phase ahead..

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Wednesday, February 29, 2012

JNSAR for 01st March & BankNifty's Tech.table.

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BN, in corrective mode till above 10400, set to make some retracing moves on the last day of the month..






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Tuesday, February 28, 2012

JNSAR for 29th Feb & BankNifty's Tech.table.

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BN,downtrending, has the next cluster support @ 9800-9970.

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Monday, February 27, 2012

JNSAR for 27th Feb & BankNifty's Tech.table.

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BN, in corrective mode till above 10400, would move both ways..

Channel support comes around 10390-400.
20Sma support comes around 10415-25.
Breaking these levels would lead to deeper correction.
Holding these levels, a retracing bounce is likely to 50%-61.8% zone..





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Sunday, February 26, 2012

Technical Analysis of Stocks

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