IMPORTANT POINTS FOR TRADING
- Banknifty has closed above 100DEMA & 200DEMA which comes around 10150 & 10070 respectively. Its important to sustain above this for further upmove.
- So on downside it has good support of 10075 and after that 10005.
- On upside immediate resistance comes around 10225-10275 and thereafter 10362. pattern.
- CONJBNSAR triggered a buy signal at 10075 on 11th sep 2012.
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