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EPIC UPDATE: BANK NIFTY

EPIC UPDATE: BANK NIFTY

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EPIC UPDATE: BANK NIFTY
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Epic Research
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epicresearchindore
Analyst/Research at Epic Research
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EPIC UPDATE: BANK NIFTY - July 23rd, 2012

-On Friday ,We had written 10601 will take to 10561-10548 level
Just see it CRASHED upto 10483 & closed at 10509

Last Week our Mantra was Sell Sell Sell :Bank Nifty ,Bank Stocks.As expected SBI ,KOTAK ,PNB +Many of PSU Bank Stocks are in Freefall mode !!

Last Close :10509
Just have a eye on 10412 level.
Decisive Break with volumes and closes below this level will take to 10186—–10111 level in hrs only.
(Below 10487…………….101% No Buying @ all )
-More Details to our Subscribers-

SBI ,KOTAK ,Union Bank ,LIC ……………………….PFC + Many Midcap PSU Stocks as expected CRASHED and still Looking extremely Weak !!

101% Short in Sh.Ram Transport Finance ,Syndicate ,PNB ,SBI,PFC,KOTAK
More Details to our Subscribers during trading hrs.

Slide upto 2115—————-2105 on card !!
Sell @ Opening Bell !!
Just watch :2105 ,If trades with volumes below 2105 for 15-20 minutes will take to 2074-2064 level.
On Rise ,Sell Sell Sell !!!

Our First Target ……………………..Below 262 was 252 (Already told to our Subscribers )
Today ,Below 257…………Sell it
Target :252.50—251 level & there after more panic !!

Sell Sell Sell
We see PANIC upto 812—————————–804 level.
Break below 804 with volumes and stays for 15-20 minutes will take to 779—–771 level.
More Details to our Subscribers.

Andhra Bank ,All.Bank ,Syndicate Bank ,Cen.Bank ,BOB ,BOI
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