Sunday, July 18, 2010

Nifty & Banknifty Jul16

Here are the charts ..

Was there a desperate attempt to create a H&S pattern?


If this pull back lasts a bit more then could we see 5308 soon? 5308 is the POC - Point of Control on the weekly Market Profile chart posted here by Shai/Virenhttp://vtrender.blogspot.com/2010/07/know-flow.html


Banknifty could see correction if HDFCBANK earnings don't meet expectation on Monday.

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