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Monday, August 13, 2012

BANK NIFTY VIEWS

tomorrow bank nifty may open with negative bias expecting a gap down near 10330 gapof near 70 points in BN

may dip towards 10270-80 range which will be agreat opportunity to buy positional longs near 10270-80 range with sl below 10180 for minm 350-400 points gain(my trgts are 10800-10860+ levels)..

for tomorrow expecting BN to move up near to 10520 levels intraday and a close near 10425

..if this level doesnot come tomorrow then hold longs with a suitable hedge as i am expecting will come on thursday
or keep sl below 10180

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