Hi friends, hope you all enjoying NIFTY short as I posted earlier, currently Nifty spot trading bellow 5300 (now 5296 1:19 IST) and now friends another news for you, as per daily chart BANKINDIA has gone, it breached a very good demand level 261 on intraday basis. As per weekly chart there is a gap @ 250.95 but hope it will found it's first demand zone around 227-242 and then second demand zone around 178-198 (both are weekly basis). As I told on yesterday's post that Nifty and MACD are now in negative divergence, I hope more pain awaiting for the market. So friends, be cautious of BANKINDIA.
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