Saturday, August 1, 2015

Banknifty Spot Chart EOD 31st July, 2015

Banknifty Probably has completed b-leg (92 days) of larger corrective at 17174.70 as a bow-tie diametric after the a-leg as neutral triangle(111 days). Last hurdle is 0-b Line resistance of the diametric, which is around 19000-19100 Levels.  Expecting a move up-to 23400 at least within next 6 Months.

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