Technical Calls:Bank Nifty,ICICI Bank and Pantaloons

By | March 19, 2012

Bank Nifty

Bank Nifty has been trading 10900-10350. Break of 10285 will start the gap filling process.

Sell below 10345 Tgt 10285,10215 and 10170

Buy above 10525 Tgt 10595,10625 and 10699

 

ICICI Bank

ICICI bank forming a rising wedge pattern.

Sell below 910 Tgt 900,891 and 884

Buy above 928 Tgt 936,944 and 954

 

Pantaloons

Facing resistance at its 50 SMA,No news on FDI in multi brand retail

Sell below 154 Tgt 150.4,145 and 142

Buy above 159.2 Tgt 164.2,168 and 171

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