Technical Analysis:RIL,Bank Nifty and LT

It is important to "follow what the market is currently doing as opposed to following what one might personally think the market should do." As he said, "Every man has a right to his opinion, but no man has a right to be wrong in his facts."

Bank Nifty

Bank Nifty has achieved its trendline target of 8120,by making a low of 8127.

Break of 8127 will threaten the break of  coveted 8000 level on Nifty.

Sell below 8120 Tgt...

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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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