Sunday 1 November 2015

Bank Nifty View for 02/11/15





1) Closed below 5 ema low (17450) at 17354. Hence trend is down.
2) For 02/11/15,  5 ema high low = 17595 and 17357. Hence if trades in between it is sideways.
3) 5 ema = 17461, 8 ema = 17533, 10 ema =17554.
4) Candle pattern = bullish harami. Need confirmation tomorrow.

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