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Banknifty view for 2nd April 2012

(Daily Chart)

Banknifty has good support around 9840 -9900 zone. Holding above weekly Agni level 10171, rally upto 10351-10450 not ruled out..


(Monthly Chart)
In monthly chart banknifty has immediate resistance @10500 and support @9980

Note: From last 5 week, Banknifty is closing below weekly Agni and JBNSAR level. This is the 6th week important to sustain above  10171  for further upmove.

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