(Daily Chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is trading within the channel and triangle pattern.
- Now it is very much near to its stiff resistance zone 9860-9890 and above that it also has the hurdle of top channel resistance around 9955-9965.
- On downside it has good support around 9700-9750 zone.
- Banknifty is range bound between 9700 to 10000 . Breaking of either side will give a good run.
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