(Daily Chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is highly overbought and MACD yet to give sell signal.
- Today banknifty is having hurdle from 10580 to 10625 and above that next hurdle comes at 10715.
- Today below 10544 next support comes around 10407-440 zone.
- More weakness can be seen only below weekly JBNSAR level @ 10407.
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