Banknifty Spot Chart Update…… Strong support @ 19050 Resis @ 19800

banknifty-30th-sept

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 eye 5So traders……….. Closely eye on 19060 & 19800

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Updated : 07.31 PM / 30th Sept 2016