Technical Calls:Bank Nifty,ICICI Bank and RIL

Winning disrupts the trader's emotions as much as losing – We are disrupted when we experience events outside our expectation. The method that is 60% accurate will experience four consecutive winners about 13% of the time. Traders are just as susceptible to overconfidence during profitable runs as under confidence during strings of losers.

Bank Nifty

Bank Nifty has faced resistance at its trendline at 10331 as discussed yesterday.Failure to break the resistance line can lead to topping out formation. Shorts shall be taken with Sl of 10339

Buy above 10339 Tgt...

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

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