Technical Analysis:Bank Nifty,Ranbaxy Labs and ICICI bank

In the trading world, you will either make money or lose money on any given trade. All that matters in the end is making more money when you’re right than you lose when you’re wrong.  Knowing this, traders have learned to accept failure as part of the game, but they also use the information they acquire from their mistakes as a learning tool.  Frequently, what they learn from losing money is more valuable than what they learn when they make money

Bank Nifty

Bank Nifty closed below 9852 which is bearish for short term and also closed below the channel top signalling short term top may be in place.
Correction till 9580-9620 will be healthy for Bank nifty before Credit policy.

Sell below 9813 Tgt 

 

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