Today bank nifty has closed @10133.65 with a strong note. It has broken not only daily & weekly channel but also all major emas of day and week. Bank nifty has been giving higher weekly close from last 5 weeks. Today bank nifty made low of 9928 thus, today's agni level @ 9923 has provided support & than it rallied upto 10158.95.(given gain of 200+ points). =================================================================== Note: 1. Go Long once banknifty crosses Agni level from downside. Short when banknifty breaks agni level from upside. 2. Take entry at 3-5 points above/below agni level for Long/short respectively. (**** WITH TIGHT STOP LOSS OF 40-50 POINTS MAX.****) ==================================================================
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