Wednesday, 4 November 2015

Bank Nifty Trading View for 04/11/2015

Bank Nifty Spot Daily Chart


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1) Inside bar BO failed today and continued in range of 5 EMA (HIGH, LOW). Holding low of 02/11/15 at around 17170 this can make another attempt tomorrow. Else will continue in the range of 5 EMA (HIGH, LOW) which is for tomorrow at 17503-17293.
2) Shorts can be trailed with 5 ema (17421), 8 ema (17454) or 10 ema (17481) and can be reverted to long when hit.

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