IMPORTANT POINTS FOR TRADING
- Banknifty is trading between two very strong EMA i.e. 100DEMA & 200DEMA which comes around 10145 & 10065 respectively. Its important to sustain above this for further upmove.
- So on downside it has good support of 10010.
- On upside immediate resistance comes around 10200-10216 and thereafter 10360.
- Banknifty has created a of gap of 89 points (9947 to 10036) after making bullish harami candlestick pattern.
- CONJBNSAR triggered a buy signal at 10075 yesterday.
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