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BANKNIFTY VIEW FOR 31ST OCT 2012


IMPORTANT POINTS FOR TRADING
  • Banknifty has broken down from a triangle in a daily chart which indicates minimum fall upto 11000-10900. 
  • Today banknifty is having strong resistance zone of 11450-11500  as Daily and weekly JBNSAR level are within this zone.
  • CONJBNSAR on 26th oct triggered a sell signal @11500. Today's CONJBNSAR is 11492 (no need to filter).

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