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Bank of India free stock market tips updated on 07th June 2015, Sunday.




Bank of India free stock market tips indicates that it is witnessing selling pressure from 50 DMA this will favor bears and has now closed below its major support zone i.e its previous bottom. Technical indicates its previous support will now act as a major resistance for bank of India.
Its major trend indicator MACD is now trading below level zero and that too in negative zone as shown in above technical graph.

Bank nifty futures technical tips updated on 07th June 2015, Sunday.




Bank nifty futures technical chart indicates that it is trading below its 20 DMA as shown in above bollinger band graph. Bank nifty will now find its strong trend line support around its previous bottom.
Its trend indicator MACD is moving in -ve zone and that too below level zero.

Nifty futures technical chart updated on 07th June 2015, Sunday.


NIFTY FUTURES


Nifty futures witnessing selling pressure from 20 DMA and  50% fibonacci retracement and is now to test its previous bottom support zone.
So far its major trend indicators are moving in negative zone.
Suggested article - What is nifty.

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