(BANKNIFTY WEEKLY CHART)
In above Weekly Chart Banknifty is trading in one big triangle shown with black dotted lines.
Staying above 12940 will take to banknifty towards 13100-13200 zone. Whereas below 12820-12840 it will be weak and slip upto 12640.
Banknifty Weekly JBNSAR given long signal at 12820. High volatility is expected being expiry near by. One should trade with proper stoploss.
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