Wednesday, 4 March 2015

Todays Bank Nifty Falls Over 900 Points From Intra-Day High


Banking shares trading lower by up to 4% erasing their entire early morning gains on the bourses. Bank of Baroda, Bank of India, Axis Bank, Federal Bank, IndusInd Bank, State Bank of India and Punjab National Bank are down 2-4%, falling between 5-10% from their respective intra-day high on National Stock Exchange (NSE). At 1513 hours, Bank Nifty was down 1.55% or 309 points at 19,652 compared with 0.88% fall in the benchmark CNX Nifty. It hit a low of 19,619 has fallen 923 points from its intra-day high of 20,542 that seen in opening trade. The banking index opened 581 points higher against its Tuesday's close of 19,961, after the Reserve Bank of India (RBI) cut the repo rate by 25 bps to 7.5% today.

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comments:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Latest updates tips : Follow

© Copyright 2015 Money99. Designed by Parag Patil