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BANKNIFTY HURDLE AROUND 12850-12875


IMPORTANT POINTS FOR TRADING
  • Banknifty has given a breakout from 'Flag Pattern' but getting resisted at the top of the 'Rising Wedge' around 12850-12875.
  • From last one week Banknifty range is narrow down to 12650-12850 as the daily and weekly levels are coming closer...
  • Now on downside immediate support comes around 12700-12740.
  • On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

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