Market Trend Lab

IMPORTANT POINTS FOR TRADING In daily chart , inverse head and shoulder pattern is developing. MACD yet to give a bullish cross over. Now banknifty above  10555  can move upto   10610-650 zone . And on downside it has good support around  10325-360 zone .

Today Banknifty took the support of Daily Agni level & JBNSAR level of  10392 and   10434 respectively and given a bull run  upto   10547   there by  given a gain  of  100++  points  by swing trading based on Agni / JBNSAR technique.... Keep smiling.......

IMPORTANT POINTS FOR TRADING In daily chart , inverse head and shoulder pattern is developing. Now banknifty above 10435 can move upto   10530-550 zone . And on downside it has support around  10200-10250 zone . Market will be more volatile due to July inflation data to be declared today.

IMPORTANT POINTS FOR TRADING In daily chart , inverse head and shoulder pattern is developing. In daily chart above MACD has not given any clear  signal yet. Now banknifty has a resistance around  10480-10510 zone . And on downside it has support around  10200-10250 zone .

(Quote from Bhagvad Gita) Yesterday Banknifty broken down Daily Agni level and JBNSAR and today cross down Weekly JBNSAR 10384 and than Weekly Agni level too i.e. 10350 and slipped upto 10272... (till now) there by given a gain of  100++ pointsssssss.......... HAPPY JANMASHTAMI..... 

IMPORTANT POINTS FOR TRADING In daily chart , inverse head and shoulder pattern is developing. In daily chart above there is a mid point crises in RSI indicator whereas  MACD is yet to give a bullish crossover signal. Now banknifty has a resistance around 10595-10610 . And on downside it has support around  10380----10350 zone . Banknifty will be weak only below 10350.