Market Trend Lab

MONTHLY ANALYSIS (Monthly Chart of BANKNIFTY) (NOV'2010 TO NOV'2012) This is the Monthly chart of Banknifty from NOV'2010 TO NOV'2012 . One can see 'V' shape pattern in above chart. It had made high of 13303.60 in NOV'2010 & Low of 7766 in Dec 2011 . This downfall took 14 months period. Now Can we expect a high of 13300 in short term???   ============================== WEEKLY ANALYSIS