(Banknifty Daily Chart)
Today BANKNIFTY is having resistance around 12820-12870 zone and on downside support around 12450-12500 zone.
In week time frame banknifty is in 'Sell on Rise' mode and in day time frame it is downtrending
Banknifty will be weak if it stays below weekly agni and JBNSAR level as mentioned on right side of the blog.
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