Banknifty technical update 17th November 2014
Banknifty future traded like a rocket and closed more than 1% up from its last week’s low , now if banknifty future click our resistance of 17830 and manage to sustain above our daily resistance then expect banknifty future to fire upto 17950 – 18100 .
If banknifty future click our support of 17450 and manage to sustain below our technical support then expect banknifty future to correct upto 17300 – 17150 .
Banknifty update conclusion : No sign of correction in this index and till FII dont stop their flows it looks positive
More will update to our subscribers