Nifty Bank IndexDiupdate

BN: Some weakness in the Morning

There is some weakness in the fist half an hour of trading. It is highly likely that we stay with in the yesterday's range with probability of choppy action.
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A trader needs to keep in mind that all the patterns repeat on the charts in all the time frames, but in different intensity. Their success and failure are not function of time (what time they occur) but function of space (where they occur).
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When BN gives 400 points so quickly, that's a gift. Just grabbed in BNF.
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Its always good to take gifts. Anything can happen on expiry u know.

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Doesn't look very strong

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Tables turned after morning trade
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As expected in the morning, a choppy day within yesterday range.

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Due to poor response from the followers, no such intraday effort would be made in future.
Thanks.

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