Market Trend Lab

(Banknifty : Weekly Chart) Banknifty has broken the rising wedge pattern and MACD yet to give negative cross over. On upside it is having resistance around 11300-11400 zone and on downside immediate support around 11050 .. This week one has to watch very critical support of 100 Week Moving Average around 11050 and below which it can slip upto 10800-10750 level. ================================================= TO LEARN THE JBNSAR TECHNIQUE OR  TO SUBSCRIBE CONTACT US : http://justbanknifty.blogspot.in/p/contact_19.html TRADE LESS TRADE SMART