TECHNICAL ANALYSIS OF BANKNIFTY
- Banknifty has given a breakout from the channel but still not given a decisive rally.
- It has become a range bound and yesterday too it traded in very narrow range.
- Today on upper side resistance is 10140-150 and on downside support is 9950.
- Stochastic is showing a negative divergence in above chart and RSI has paused at middle point.
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