Nifty & Bank Nifty Weekly Technical Outlook for 11th Nov, 2013

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Nifty Daily Chart

Nifty Daily Chart

The man with Insight enough to admit his limitations comes nearest to perfection- Johann Wolfgang von Goethe

So far, everybody is back in action after Diwali Holiday. Till date, we are following similar kind of move which we witnessed three year back on 5 Nov Diwali 2010, which was the final top for the year and top was tested only in recent past. Does that mean Top is already placed? Whenever market reaches to this kind tops and bottoms, there is always going to be a big tussle between Bulls and Bears and no party would allow single thread to keep loose.

In this situation it is very easy to make Bold Statements that “Top is Placed” or “It is just The Beginning – Chap”. At Way2Profits our approach is very clear, daily we approach market with fresh perspective in mind, and give you unbiased view on the market. To read, our understanding of the market you need to register your email id here and get our report delivered to mail box, at no cost Click here to register

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