Definitely leader of the pack this week.
Key Support at 12720F, Hold abv that will continue to remain bullish.
1. Hold abv 12720F for a move to 12860 /13020
2. Break and hold below 12600 for a move to 12440/12350/12290
Pretty balanced week- where the bulls and bears were leveled and closing near VPOC of the week.
Will look for break and...
BANKNIFTY looking for a hold of the 29130-250F areas for a rotation to test the weekly VPOC from last week at 29500F areas.
Also below 29975F we are inside weekly Value zone of last week with a good potential to trace the last week's movement back in next few sessions.
Idea Invalid above 29350F areas.