Banknifty Spot last close : 19323.20
Above is Banknifty spot Six Months daily chart
This Week huge volatile will be expected ahead of RBI Policy on 04th Oct
Chart shown……… Waves line connecting around 19060 (29th Sept low)
So Banknifty consider strong support around 19060
Once if breaks 19060 & Closes below the level………..
Finding next supports 18695, 18440 and 18240……… There after 17900
Banknifty facing Resistance at 19800…….. Once if breaks & closes above the level
We see Rally up to 20130, 20275 and 20400 So traders……….. Closely eye on 19060 & 19800
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Updated : 07.31 PM / 30th Sept 2016