Weekly Chart
Daily Chart
Bear flag target at 8100. 50% fibo level of rise from March 2009 lows at 8310.2010 year low at 8150. Thus this area of 8300 to 8100 should prove a good coushion. Bank Nifty having made a lower low today seems to be marching towards this target.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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