Tuesday, July 31, 2012

Watch out - Bank nifty 10350

Now MSM (main-stream-media) would scream look out for RBI policy meet for market to take direction which in my humble opinion has nothing to do with markets direction. I have a humble request look at prices also to decide what direction market takes:) (pun intended:) )......
Clearly if 10350 bank nifty (cash) holds....look out for the upside squeeze we have been trumpeting all along...if not then a break down of 10090 will herald pot of gold at the end of the rainbow for bears:)

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