July 11, 2014

Sell signal on Banknifty

There is a sell signal on kplswing indicator... even otherwise, the close is below the trading range developed from election results day so this is significant.



Note that swing indicator gave a buy around 11000 levels.

Your SL for positional short would be 15600 spot.... this also would be the "buy above" level for BNF.


No comments:

Post a Comment

Share this...