Banknifty struggling to sustain above 100WMA near 10950-10960

(Banknifty weekly chart)

Banknifty has made rising wedge pattern and which is bearish pattern in uptrend when it gives breakdown from the pattern followed by negative crossover by stochastic and MACD indicator. 

Banknifty is struggling between 100WMA @10950 and wedge support near 10700. It has not given breakdown from the pattern yet.

Banknifty has resistance around  10950 and than 11110 on upside and below 10600 it will have support around 10450.

In November month we booked gain of 1810 points till date based on our JBNSAR AND UNIQUE STOPLOSS TECHNIQUE..!!!!!!!!! This technique works best in banknifty and volatile stocks...
http://justbanknifty.blogspot.in/2013/11/banknifty-update-gain-of-1805-points-in.html

================================================

HURRY....
TO LEARN THE JBNSAR TECHNIQUE
OR
 TO SUBSCRIBE OUR SERVICE

CONTACT US :

http://justbanknifty.blogspot.in/p/contact_19.html

TRADE LESS TRADE SMART