Live Market

Monday, July 18, 2011

Banknifty View for 19.07.2011

The Banknifty and nifty last the charm today.The whole of today it was lack luster kinda of market.We just kept away as both these index's caged between two narrow walls and bounced within.This kind of market is not good for trading as it only hit sl rather target.So whole day was wasted.

The Nifty a move above 5655 and Bn above 11456 only bring some moment for a rally or the correction will be active below 5510 and Bn below 11180 levels.

Either the break out or break down only can lead a clear direction.