From last 3 sessions writing boldly to sell Bank Nifty.
Just see it crashed from 9300 to 8711 in just 3 sessions only.
Now ,What to expect in short to Medium term ?
Yesterday closed at 8736.
Just have a eye on 8719 level.Decisive break with volumes and close below this level will take to 8550-8494 level in hrs only.
Very soon will see it crashing upto 8180–7613 level.(Pls dont act blindly….it will take sometime )
Today ,Suppose not breaks Yesterday’s low (chances very remote )…if not breaks 8711 & trades above 8748 will take to 8858-8895 level.
ALERT :Bank Sector/Bank Stocks will trigger major selloff in coming days.Remember last week of December and by 15th Jan’10 will see unexpected price of Bank /Real Estate stocks.
Just see it crashed from 9300 to 8711 in just 3 sessions only.
Now ,What to expect in short to Medium term ?
Yesterday closed at 8736.
Just have a eye on 8719 level.Decisive break with volumes and close below this level will take to 8550-8494 level in hrs only.
Very soon will see it crashing upto 8180–7613 level.(Pls dont act blindly….it will take sometime )
Today ,Suppose not breaks Yesterday’s low (chances very remote )…if not breaks 8711 & trades above 8748 will take to 8858-8895 level.
ALERT :Bank Sector/Bank Stocks will trigger major selloff in coming days.Remember last week of December and by 15th Jan’10 will see unexpected price of Bank /Real Estate stocks.
