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BANKNIFTY VIEW FOR 23RD NOV 2012



IMPORTANT POINTS FOR TRADING
  • Banknifty broke out from flag channel... but yet MACD has not given a positive signal.
  • On downside banknifty is having a good support around 11390-11450 zone.
  • On upside it is having resistance around 11630-11645... above that can move upto 11710
  • CONJBNSAR triggered a Buy signal on 21st Nov 2012 @11460 (spot) and our subscribers' booked one lot on same day @11540 with gain of 80 points and Hold 2nd lot of banknifty.
  • On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

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