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OUTLOOK OF BANKNIFTY FOR 10TH FEB 2012

Today Banknifty  closed in red @ 10442.65 down by 64.95 points. It took a support near JBNSAR 10355 & bounced back towards 10500. Finally managed to close above 10400.

Still no change in technicals and weakness only when banknifty closes below 10350.


        Important EMAs:- 3DEMA@10417.94 , 5DEMA@10351.51 & JBNSAR@10398


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