(Daily chart : To enlarge click on chart)
IMPORTANT POINTS FOR TRADING
- Banknifty is trading in a Rising Wedge Pattern.. within a channel and yesterday it resisted near the top of the channel @12980.
- Today immediate resistance will be 12765 and above this next resistance will be weekly Agni level @12875.
- On downside immediate support will be 12690 and thereafter important support of 12620 and below which it will be weak.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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