Here's some analysis about the bank Nifty posted at Vtrender-2 :
- The poor lows created around 10800(-40) gave way today.
- Positions can be carried below 10616 for 10165 with a closing stop at 10830 for a 450 point move.
-Only 10400 is a minor support below 10616
And here is the OrderFlow confirmation for the same.
When Order Flow and profile analysis matchup, nothing stands in the way !
Thursday, February 24, 2011
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