IMPORTANT POINTS FOR TRADING
- Banknifty is in 'Sell on Rise' mode.
- This week expecting banknifty to remain under pressure (Till RBI policy review on 29th JAN 2013).
- Yesterday after filling the gap of 12510-12547 banknifty closed at weekly JBNSAR @12635.
- Banknifty is trading within a Rising Wedge Pattern.. and its support line comes around 12515.
- Today immediate resistance will be around 12700.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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