Nifty, Sensex & BN View

[Mayur Patel]

 
 

Nifty is precariously placed at rising trendline since July, break of which can result in 200 points fall to test rising trendline since February. But Sensex has broken the rising trendline since July & is heading for 24900-25000 levels. BN, however, is weakest. It  has already broken the rising trendline since February & seems like heading to 14500 levels.

Regards,
 
Mayur K Patel
Branch Manager,
Sharekhan Ltd,
Ghatkopar Branch, Mumbai.