(Daily Chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is trading very much in a Flag pattern and Triangle pattern.
- Banknifty closed last week with a strong recovery whereas Daily and hourly chart is overbought.
- It is trading near the daily channel top around 10080 and weekly channel top around 10150.
- Now it has good support in 9800-9900 zone.
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