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UPDATE

The Reserve Bank of India (RBI) has left key policy rates untouched on Thursday mainly on the back of high fiscal deficit and rising crude oil prices.

Banknifty (spot) trading below today's DAILY JBNSAR 10676. and WEEKLY JBNSAR IS 10634 below that expect more panic.

Hourly intraday chart of  banknifty was highly overbought and expected pull back..Presenting hourly intraday chart of banknifty future with retracement level.

(click on image to enlarge)
HOURLY BANKNIFTY FUTURE

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