banknifty future tested 15550 support next support 14750

banknifty future chart 7 april 2016 Banknifty April expiry future today closed at 15585 with loss of 122 points. In intraday banknifty made low at 15509 and tested 15500 support.     Weekly closing below 15500 means fresh downtrend start for banknifty future with price target 14750.     Reversal from 15500 will keep 16900 hope alive.

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Pramod Baviskar

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