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BANKNIFTY VIEW FOR 11TH JULY 2012

(Daily Chart)

IMPORTANT POINTS FOR TRADING
  • Banknifty is highly overbought and yesterday resisted near weekly Agni level @10761
  • Today sustaining above Weekly and Daily Agni level i.e. 10761 and 10784 can move upto 10900-11000.
  • On downside it has a support around 10525-550 and will be weak only below that.


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