(BANKNIFTY WEEKLY CHART)
Banknifty is trading in Falling Wedge Pattern and right now it is struggling at resistance line of the wedge which comes around 10300-10350.
To read more on Falling Wedge Pattern go to following link:
On 5th Sep 2013 our Weekly JBNSAR system given long signal @9450 and part booking was advised near 9800-10000 zone (gain of 400-500+ points) and balance shall be held till Weekly JBNSAR reverses.
On right side of blog, Daily and weekly Agni/JBNSAR levels are mentioned they act as important support / resistance levels.. Positional traders should trade with weekly JBNSAR
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