IMPORTANT POINTS FOR TRADING
- In daily chart , inverse head and shoulder pattern is developing.
- On 3rd August, banknifty has made Long Lower Shedow Candle near the channel support which is interpreted as bullish signal but also requires a follow up confirmation.
- Today banknifty above 10384 can move upto 10445-475 zone and sustaing above 10475 can rally upto 10555-570 zone.
- Now on downside it has support around 10270-10310 zone.
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