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Wednesday, January 13, 2010

BANK NIFTY -Will it fall?

Today the trend of the bank nifty-future seems to be side ways as of now.just watch the Graph in NSE website in flash/java version from here-

During December-2009,this start zooming high from 8600.00 level and touched the peak of 9220.00 level.Now the over all trend is weak and it fell to 8900.00 level.

Will it fall back to 8600 level again?
Not sure off.But,I expect it may come down to atleast 8700.00 level from the current level and from there on again may go back/Bounce back to square one before Feb-2010.Let us wait and watch.

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