Nifty Bank IndexUpdated

Nifty climbed to 10700. Think before investing.

Bank Nifty still did not break the parallel lines even though Nifty climbed new high.

I smell something cooking :)
Note
Bank Nifty closed by making inverted hammer within same parallel lines.

Keep an eye on Dow Jones......very important for coming days.
Note
Clear your long positions now......if available.
Trade closed manually
Nifty broke 22500 and has no major barrier till 23000. If Dow shows positive sign then Nifty will reach near to 11000 in next couple of days.
Note
Sorry BNF broke 22500.

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