(Daily chart : To enlarge click on chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is trading in a Rising Wedge Pattern.. and its support line comes around 12650.
- Today immediate resistance will be 12840-12875.
- On downside important support of 12650-12690 zone and below which it will be weak.
- Banknifty range of 12650-12875 needs to be broken decisively for further direction.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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