Banknifty is trading in falling wedge pattern. Now sustaining above 9000 level banknifty will try to move towards 9450 and than 9650. Whereas below 9000 level it may fall ulpto 8895---- 8710.
For this Week our weekly Agni and JBNSAR levels are 8710 and 9450 respectively.
Our Weekly JBNSAR system given Sell signal below @11525 on 16th july 2013 (open gap down @ 11459). Part booking was advised near 11000 and balance shall be held till it reversed by weekly JBNSAR.
Note:
- To read more on 'Falling Wedge Pattern ' go to following link:
- 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.
Comments
Post a Comment