(Daily Chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is finding difficulty in sustaining above channel top and once again closed within the channel.
- It has closed below all major EMAs' like 100 Day EMA @9839, 200 Day EMA @ 9890 and 100 week EMA @9859.
- Strength is only above 9800-9900 zone whereas below weekly JBNSAR @ 9695 it can slip upto 9550 and thereafter 9400.
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