Bank Nifty Weekly Forecast for Vote-on-Account week

Last Weekly we gave Chopad level Bank Nifty 10321 and achieved 1 target  downside levels.Bank Nifty has been trading in small range since  last 2 week, coming week is So Bank Nifty will show good technical move in coming week.Vote-on-Account, or interim budget for 2014-2015, which the government will unveil during trading hours on Monday, 17 February 2014, will set the tone for the Bank Nifty in coming  week.

 Bank Nifty Hourly

Bank Nifty hourly charts is trading below its 50HSMA@10240 ,Closing above 10240 strong bounceback can be seen till 10500-10600, Unable to close above

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