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BANKNIFTY VIEW FOR 14TH JAN 2013


IMPORTANT POINTS FOR TRADING
  • Banknifty is in 'sell on rise' mode amd now immediate resistance comes around 12680-12720 zone. 
  • on downside immediate support comes around 12520-12550 zone.
  • Now further weakness in Banknifty will be seen only if it breaks 12500 level decisively and may slide upto 12360 in panic.
  • On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

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