Skip to main content

BANKNIFTY VIEW FOR 19TH JUNE 2012

(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.

Comments

Advertisement