AbhishekHSinghCMT

Bank Nifty- Going Above 19252- Bulls Comfort Zone

Long
AbhishekHSinghCMT Updated   
NSE:BANKNIFTY   NIFTY BANK
7
Once BN starts moving above 19252 & also goes into the gap zone -likely it will comfort bulls for bounce back in coming session. In the last session, BN had a nice bounce from 18960's to 19080's- if it dips on Monday close to 19000 & starts moving above 19100's then most likely its an early indication that BN wants to jump up later we will watch for 19252 levels & gap zone as the hurdle for further upside.
Trade active: 07:15 Hrs 7th Nov2016

Hilary gets clean chit from FBI- Dow Futures 200+ .SGX Nifty- 70+
Trade active: 10:21 Hrs 7th Nov2016

Last Price@19300

It crossed 19252- Wow
Trade active: 12:51 Hrs 7th Nov2016

Last Price@19340

Look How BN dropped into the zone 19240-19260 post crossing 19252 & bounced back again
Trade active: 15:30 Hrs 8th Nov2016

Last Price@19522

Wow - Patience finally paid for today's good 150-200 points rally

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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