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OUTLOOK OF BANKNIFTY FOR 29TH FEB 2012

Today banknifty made high of 10667.30 but was not able to sustain above 10650 as mentioned yesterday that it is a monthly channel resistance & finally fell down to 10400 first & than 10340. It is also noticed that from 22nd feb banknifty is closing below JBNSAR. So for strength it is required that it should close above agni level as well as JBNSAR.


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