"NIB" NIB Bank Limited Mid-Term Analysis 18 Feb 2013

NIB NIBW

"NIB" NIB Bank Limited is targeting 3.32 and 3.50 in upcoming days. Our Prefrence: As long as 2.53 is support buy NIB with target at 3.33 and 3.50 in upcomming days. Alternative Scenario:   Downward breakage of 2.53 can call for 2.38 and 2.23 as next targets. NOTE: Yestrday NIB have taken a technical correction of 38% from the level of 2.90 and developed a downward formation of evening shooting star but form 38 % correction (Retracement) level it got reversal. Today's closing above 2.84 will develope a bullish engulfing pattern which will boost exahusted upward move of NIB towards 3.30 which is next target of weekly chanel in which NIB is moving right now.

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John Doe

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Diana Doe

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Melissa Doe

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Peter Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

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