Market Trend Lab

(BANKNIFTY WEEKLY CHART) Banknifty is trading in  falling wedge pattern  (shown with black dotted lines) and week ended by struggling near the resistance line of Wedge. Now in coming week   Wedge resistance  comes around  10100-10050 . Breaking of the  Falling Wedge  on upside will be bullish reversal followed by positive crossover by  stochastic and MACD indicator . Next w eek our   weekly Agni and JBNSAR levels   are   9700  and  9665   respectively. On 5th Sep 201 3 our  Weekly JBNSAR  system given long signal  @9450  and part booking is advised near  9800-10000  zone  (gain of 400-500+ points)  and balance shall be held till  Weekly JBNSAR  reverses i.e. 9665 (till 20th sep 2013) Note: To read more on  'Falling Wedge Pattern '  go to following link: http://justbanknifty.blogspot.in/2013/04/banknifty-weekly-analysis-and-fal...

(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: http://justbanknifty.blogspot.in/2013/04/banknifty-weekly-analysis-and-fallling.html#more 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

We are thankful to all traders' for showing such a huge response for this technique. We have received your message via mails and contact form and still receiving many more....  It is very difficult to reply all during trading days but will definitely reply each and every mail/contact forms till this saturday-sunday.

Our weekly JBNSAR for banknifty given long signal @9450 on 5th sep 2013 and part booking is advised near 9800-10000 zone if not booked than one may part book today also. Balance shall be held till Weekly JBNSAR reverses i.e . 9480 for this week. There by part booking is given gain of 500+ points itself. (righ now gain is 700+ points) We have started Learning course for JUST BANKNIFTY Weekly JBNSAR and stoploss technique. If interested than contact us for further details.