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BANKNIFTY TRADING IN A TRIANGLE

(BANKNIFTY DAILY CHART)

BANKNIFTY trading in a triangle pattern. Today below 12800 it is having support around 12500-12550. and upside it is having resistance around 12940 and than 13080.

Banknifty is in 'sell on rise' mode and range bound. One should trade with support resistance till the trend emerge.

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