Banknifty weekly update: upside hurdles 15050 and 15400..

(BANKNIFTY WEEKLY CHART)

On 15th April 2014, we indicated about breakout from inverse H&S pattern will target above 15000.

http://justbanknifty.blogspot.in/2014/04/banknifty-weekly-update-slowly-and.html

Now on downside support is near 14500 and upside immediate resistance is 15050 and 15400.

Its time to be cautious on higher level as it is trading at upper bollinger band.

NOTE : 

FOR PAIR TRADING VISIT : http://justbankniftystock.blogspot.in/