Skip to main content

BANKNIFTY VIEW FOR 27TH JUNE 2012


IMPORTANT POINTS TO T RADE
  • Banknifty is trading above the channel but it has not given a decisive move there after. It has just given 100-200 points rally above channel after a breakout.
  • Now banknifty has immediate resistance at 10085-100 and thereafter weekly Agni level @ 10172.
  • On downside it has support near 9840 and will be weak only below that.
  • Stochastic is giving a negative divergence in above chart and now let it be confirm by price action also. 

Comments

Advertisement