IMPORTANT POINTS FOR TRADING
- Banknifty bounced back after highly oversold in daily chart.
- Stochastic shows some positive diversion in above chart(shown with yellow arrow). MACD yet to give positive signal.
- Banknifty Sustaining above Weekly Agni level 11610 will move towards 12060----12115.
- On upside Banknifty immediate resistance is around 12060-12115 zone and on downside immediate support is 11760-11800 zone.
- On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..
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