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BANKNIFTY VIEW FOR 17TH AUGUST 2012



IMPORTANT POINTS FOR TRADING
  • Banknifty has closed above 100DEMA & 200DEMA.
  • Above 10665 immediate resistance  comes around 10755 and there after 10905.
  • on downside it has good support of 10450.
  • CONJBNSAR triggered a buy signal at 10075 on 11th sep 2012.
  • Today is another event base trading day as mid-quarter monetary policy will be announce by RBI.

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