Category Archives: Bank Nifty RBI Policy

RBI’s Policy Impact on Bank Nifty

By | August 5, 2020 8:06 pm

As discussed in last analysi Low made was 21057 and once above 21316 did 1 target on upside now till we are holding 21375 bulls can rally towards 21609/21800/22000. Bears will get active below 21300 for a move back to 211575/21000/20800. All upside target done, Now as we have RBI Policy tommrow combined with Mercury at… Read More »

Bank Nifty Analysis Post RBI Policy

By | February 6, 2020 8:09 pm

As discussed in Last Analysis  Now Bulls need to hold 30850 for trend to remain bullish and rally to continue towards 31169/31330. Bears will get active below 30840 for a move back to 30733/30500. Tomorrow is an important Astro Date. Low made was 30917 so bulls held on to 30850 and did all target on… Read More »

Bank Nifty RBI Policy Analysis

By | October 4, 2019 12:01 am

As Discussed in Last Analysis  As we have expiry tomorrow Bulls will need a close above 28800 for move towards 29000/29225/29475. Bears will get active below 28500 for a mvoe back to 28200/28100/27900. Bears were able to do 28240 only. As we have RBI Policy outcome by 11:45 tomorrow and today we had mercury ingress… Read More »

Bank Nifty Analysis before RBI Policy

By | August 6, 2019 10:53 pm

As Discussed in Last Analysis   Till we are below 27700 bears have upper hand. Shorts can be taken below 27389 for a move back to 27141/27059/26876. Bulls will get active above 27700 for a move back to 27887/27971/28100.Bulls were on rampage did 28100 above 27700 as we bounced from gann angle. Bulls now need a… Read More »

Bank Nifty RBI Policy Analysis

By | June 5, 2019 8:37 pm

As Discussed in Last Analysis Positional Long should be taken above 31800 only else this rally will get sold into. Bulls will get active only above 31800 for a move towards 32000/32250/32500. Bears will become active below 31400 for a move back to 31284/31100/30900. High made was 31752 so bulls still unable to close above… Read More »

Bank Nifty RBI Policy Analysis

By | April 3, 2019 9:50 pm

As Discussed in Last Analysis  Long above 30450 for a move back to 30577/30650/30816. Bearish below 30290 for a move towards 30125/30038/29951. Low made was 30036 so we did 2 target below 30290 and  and we corrected all the way till 30218 and our intraday time cycle at 1:48 worked perfectly. Strong Support is in… Read More »