Today on downside banknifty is having support around 12350-12400 and on upside immediate resistance would be 12755-12800.
It is to be noted that banknifty is trading below all Daily and Weekly Agni and JBNSAR levels (mentioned on right side of the blog) and hence it is weak. Weekly JBNSAR given sell signal yesterday at 12755. One can keep the stop loss around 12805 i.e. near daily agni level.
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