Banknifty is in uptrend although FIIs data shows that they are selling the index but the bank nifty index may get corrected by approx -2100 points at this level as targets are upside.
This projection was made on 11th Nov 2011 when the price was at 28400 and now we are at 43300 but heading towards 48800.
This projection can only be invalid if the index price goes below by 10000 points in the banknifty.
This projection can only be invalid if the index price goes below by 10000 points in the banknifty.
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