Tuesday, 4 December 2012

BANK NIFTY VIEW

From the above chart of BANKNIFTY we can clearly see that BANKNIFTY is in an overbought position, RSI Williams's %R Bollinger Bands and StochRSI showing the same, so i don't think it has the potential to go further up without a small correction.I would advise to SELL BANKNIFTY 27 DECEMBER 12500 CALL@ 140-145 with a target of 100.

3 comments:

  1. I will ensure that I bookmark your blog and will come back down the road. I want to encourage you continue your great posts, have a nice holiday weekend!

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  2. Today’s most accurate tips for Bank Nifty
    BUY BANK NIFTY FUTURES ABOVE 11360 TG- 11410/11490/11590 SL- 11260
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  3. I m totally agree with your Views. I m also doing trading in commodity market with the suggestion of commodity expert and earn lot of profit.
    Some time loss occur but it's covered by next calls.
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    nifty tips

    ReplyDelete