IMPORTANT POINTS FOR TRADING
- Banknifty has turned to weak as trading below Daily Agni/JBNSAR and Weekly Agni level. Right now it is trading near Weekly JBNSAR Level @12315.
- MACD & stochastic also crossed down and suggest 'Sell on Rise'.
- On downside below 12315 support comes around 12200-12230. And break below 12200 will take to 12115--12100.
- On upside immediate resistance will be around 12370-12410 zone.
- Dec'2012 Expiry is near by , trade with caution.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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