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BANKNIFTY VIEW FOR 16TH AUGUST 2012



IMPORTANT POINTS FOR TRADING
  • In daily chart , inverse head and shoulder pattern is developing.
  • MACD yet to give a bullish cross over.
  • Now banknifty above 10555 can move upto  10610-650 zone.
  • And on downside it has good support around 10325-360 zone.

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