Bank Nifty :
– A DD day with close above yesterday’s HVN at 10900
– 2 day profile shows a better symmetery and signs of continuation.
– 11140 and 11450 remain upside targets
-10856 is immediate support.
– SL at 10680-10650 for the new trend
-Profile of today not having symmetry
-May rotate towards 5436
-5577 is price objective on the upside
-5370 becomes trend change level.
-profile not very balanced.
-can rotate back to test 2705
-above 2754 can see 2787.
-price still in upper part of the bracket.
-a liitle more consolidation btw 940-950 should give an easy 20 points to 970.