Tuesday, March 24, 2015

Update on NIfty and Banknifty Future

Nifty & Banknifty both have got oversold in hourly as well as in daily.  If 8560 is sustained on Nifty Future a pullback towards 8700 towards expiry looks obvious or atleast a bottom formation effort may start from today. For Banknifty Future sustaining above 18512 will bring up bounce towards 19000. 

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