Market Trend Lab

(BANKNIFTY DAILY CHART) In above Banknifty Day chart, one can see how MACD respects its trendline and offered great opportunity to trade.  Recently it has activated buy mode around 15480-15525 by giving positive crossover near the support of trendline.  Now on downside it has support around 15450--15200 and on upside resistance near 16200 NOTE:   FOR PAIR TRADING VISIT:   http://justbankniftystock.blogspot.in/