IMPORTANT POINTS FOR TRADING
- Banknifty closed below 100 DEMA.
- Now major support comes around 9950-80 and breaking of which will take to 9795.
- On upside resistance comes around 10090-130.
- Banknifty will be weak if it stays below weekly agni level and JBNSAR 10342-10357.
- Banknifty is in oversold position in Daily and hourly chart & might give small rally.
NOTE: VERY SOON INCORPORATE A STRATEGY FOR CONSERVATIVE TRADE FOR THE ONE WHO DONT WANT TO TRADE INTRADAY BUT TO HOLD FOR A SHORT PERIOD.
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