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BANKNIFTY : WATCH 12490 LEVEL CLOSELY


IMPORTANT POINTS FOR TRADING
  • Banknifty is trading in a flag pattern within the channel and MACD yet not given negative signal.
  • It is having a resistance around 12650-12725 and Support around 12490.
  • It will be weak only below weekly JBNSAR level of 12490. (Weekly JBNSAR given Long signal @11371)
  • On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support/ resistance levels..

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