Friday, July 26

CAPITALPARAMOUNT BANK NIFTY OUTLOOK 26JULY2013

BANK NIFTY DOWN: -121 POINTS
PERCENTAGE: -1.1%
CLOSES AT: 10613
BANK NIFTY CLOSED NEGATIVE ON EXPIRY. BANK NIFTY IS MOVING UNEXPECTEDLY BEARISH WHILE RUPEE IS STRONG. IT MAY CROSS DOWN 10500 LEVEL.
STRATEGY FOR BANK NIFTY IS TO SELL BELOW 10600 AND TO BOOK PROFIT AROUND 10500 WITH SL OF 10720

 

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