(Daily chart)
TECHNICAL ANALYSIS OF BANKNIFTY
- Banknifty after a breakout from the channel trading in a small triangle pattern and resistance line of which comes around 10150-160 and support comes around 9920. Breaking either of which will decide short term trend for banknifty.
- Stochastic is giving a negative divergence in a above chart but let it be confirm by price action also.
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