Nifty (15782) we said’ technically Nifty is very stretched and bounce back is possible but a buy signal would be generated above the Nifty trading the 16000 mark’ the Nifty tried but failed and has closed in the red…technically it’s a buy only above 16000 and until then all sell…
Bank Nifty (33121) we said’ technically the Nifty Bank is interestingly poised that an up move would generate a buy signal’ the up-move did not come and has closed in the red…technically a buy would be generated only above 34000 and until all rallies could be sold into…