Bank Nifty Spot on the hourly chart is in buy mode since 17th Feb 2014 and the prolong buy mode continues so far with the support zone coming close to 12477. And the Triple Momentum in Banknifty turned negative since 11st April,the RBI announcement of policy rates kept unchanged. Banknifty will enter into the positional sell mode if the support breaks on the hourly charts.
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