JNSAR for 17th Oct & BankNifty's Tech.table.

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BN, holding above 20sma(5425) could attempt 100sma with corrections on its way up.

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Technical Analysis of Stocks

Stocks have run up in the short term and some profit booking has started led by Tatasteel & TataMotors. Weekly TA has given a reversal though Monthly is considered down.

This upmove is presently considered as a trading opportunity.

1. IciciBank (17th Oct)

2. Infosys (17th Oct)

3. RIL (17th Oct)

4. SBI (17th Oct)

5. Tata Motors (17th Oct)

6. Tata Steel (17th Oct)

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