(BANKNIFTY WEEKLY CHART)
Banknifty is trading in a rising wedge pattern (shown with pink dotted lines) and wedge resistance comes around 12000-12100.
It has not given breakdown from the pattern yet.
It is having a immediate resistance band of 11640-11740 and on downside it has support around 11200.
It has not given breakdown from the pattern yet.
It is having a immediate resistance band of 11640-11740 and on downside it has support around 11200.
For December month (till date) we booked gain of 549 points.
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