BANK NIFTY has closed below 20 EMA on hourly chart First time since the post election rally began.
First dips are usually bought. So either it will Gap Up and resume the rally or will likely to bounce from 50 EMA.
Real Fall is possible below 100 EMA (52360) is likely to see a 1000 points sell off to the marked base.
First dips are usually bought. So either it will Gap Up and resume the rally or will likely to bounce from 50 EMA.
Real Fall is possible below 100 EMA (52360) is likely to see a 1000 points sell off to the marked base.