IMPORTANT POINTS FOR TRADING
- Banknifty is trading near the resistance line of channel of flag pattern.
- On downside banknifty is having support around 11430-11450 and below which it will be weak.
- On upside it has resistance around 11650-11680.
- Banknifty is in 'sell on rise' mode.
- ADX indicator suggest banknifty is in no trend and is in sideways.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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