IMPORTANT POINTS FOR TRADING
- Banknifty moved up after Stochastic shown some positive diversion (shown with yellow arrow) and also positive cross over of MACD.
- Banknifty is developing good support around 12000-12060 zone and hurdle near 12240 and than near 12340.
- Banknifty will be weak only if it breaks the weekly JBNSAR LEVEL. Righ now one can 'Buy on dip'.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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