(Banknifty Daily Chart)
Banknifty is trading in downward channel and it is below 100WEMA i.e. 11340.
Today above 11185 it can move towards 11340--- 11440 which will be strong resistance zone for the day. Whereas on downside it can slide upto 11100----11000---10700.
We expect high volatility in coming time being expiry near by. Over all trend is negative.
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