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Thursday, March 17, 2011

BANK NIFTY - INVERSE HEAD & SHOULDER FORMATION INTACT

101% Inverse Head & Shoulder formation still intact !
Breaking Point :11280.
Rally of 1000 points ………Not ruled out !!
Have u seen Triangle of 506 points ?
10600——–11025 are points to remember
Once breaks or crosses above levels ,Traders can jump and see Mind blowing fall or rally of 506 points !!
We Think in next 1-2 days ,Trend for Market will be decided !!
If Rally of 506 point starts then we are sure It will rally more by another 500 points reason Inverse Head & Shoulder formation.
-Suppose 1000 point rally comes in BANK NF ,Then Bank Stocks will be on FIRE !
+RELIANCE above 1057 will catch Fire !
=NIFTY FUTURE :Heading towards 5750-5800-5900+
But everything depends on Bank Stocks +RELIANCE !!

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