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BANKNIFTY VIEW FOR 5TH DEC 2012


FDI vote in Lok Sabha: Confident UPA says it has the numbers


IMPORTANT POINTS FOR TRADING
  • Immediate support for Banknifty comes around 12000 and below that another support around 11900-11950 zone.
  • On upside immediate resistance will be around 12340.
  • Banknifty has made a small inverse head and shoulder pattern and of which target is 12500.
  • On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels.. 
  • EVENT BASE TRADING DAY : Today vote on FDI in Loksabha

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