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BANKNIFTY VIEW FOR 21ST AUGUST 2012




IMPORTANT POINTS FOR TRADING
  • In daily chart , inverse head and shoulder pattern is developing.
  • At present banknifty is trading in triangle pattern with the range of 10350-10500.. breaking either side of it will decide the future trend.
  • Today banknifty above 10442 can move upto  10490-10515 zone.
  • And below 10425 it can slide upto 10350.
  • Banknifty will be weak below 10308 and can slide upto 10190-10205.

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