Technical Views - Equities 24rd June 2011
Due to some technical problems i could not post my views in the morning
NIFTY
TREND : Yesterday was another day of consolidation. For Today again, 5245 - 5340 are the levels, Trade this breakout only.
SIGNAL : Avoid signals today
BANKNIFTY
TREND : Similar to Nifty, In consolidation longs above 10570 and shorts with a SL of 10550 and also below 10450.
SIGNAL : Avoid Signals Today
TREND : Yesterday was another day of consolidation. For Today again, 5245 - 5340 are the levels, Trade this breakout only.
SIGNAL : Avoid signals today
BANKNIFTY
TREND : Similar to Nifty, In consolidation longs above 10570 and shorts with a SL of 10550 and also below 10450.
SIGNAL : Avoid Signals Today
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