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Banknifty market daily view 18th december 2014

Banknifty market update for 18th December 2014

Banknifty market update for 18th December 2014

Banknifty future made low 17600 yesterday and made high 18136 approx 450 points recovery from its low , now if banknifty future click our resistance of 18161 and manage to sustain above our technical resistance then expect banknifty future to fire upto 18280 – 18400 .

If banknifty future click our support of 17780 and manage to sustain below our technical support then expect banknifty future to correct upto 17600 – 17440 ..

Banknifty market update conclusion : Banknifty is on verge to become positive above our resistance so trade cautiously

More will update to our subscribers

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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