Sunday, February 26, 2017

Banknifty, continued to close above all Ema with overall overbought conditions

- Trend is UP on daily chart.
- BN opened around day pivot; ORB breaks and moves steadily up till R2.
- Retracement Strategy gave a long entry around 20874; i.e 61% of 20842-20926.

- 20555 will be the SAR for tomorrow (27/02/2017).


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