Bank Nifty Weekly Technical for July 2013 Expiry

RBI Governor shocked the market participants on Monday evening with increase in Interest rate to stabilize the rupee. Weekly Trend Deciding level of 11792 High made was 11812 and than collapsed to achieved all weekly target. Cool 600 Points pocked by positional traders in matter of 2 days :). Lets see How Bank Nifty Technical are faring out for expiry week.

Bank Nifty Hourly

Bank Nifty on hourly chart after sharp fall last week is entering in a trading range of 11264-10850.

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