(BANKNIFTY DAILY CHART)
Banknifty is range bound and Support level of 18400-18500 is crucial to sustain for any rally towards 18900-19000. Yesterday too banknifty bounced from support level of 18400.
(BANKNIFTY WEEKLY CHART)
In above weekly chart one can see RSI still in bullish zone and there is no sign of weakness too. Weekly MACD is trading in narrow rising wedge but still not given any negative crossover.
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THOUGHT OF THE DAY:
"PERFORMANCE IS THE BEST WAY TO SHUT PEOPLE UP.."
: MARCUS LEMONIS
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