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BANKNIFTY VIEW FOR 20TH JUNE 2012

IMPORTANT POINTS FOR TRADING 
  • Banknifty is trading within the channel and triangle pattern. It is in consolidation mode.
  • Banknifty hourly chart is oversold and might give some rally...
  • Now on upside immediate resistance are 9860-9900.
  • On downside support is 9550-9619 zone.

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