Category Archives: Bank Nifty RBI Policy

Bank Nifty Analysis for RBI Policy

By | December 5, 2017 8:32 pm

As discussed in Last Analysis   Now Fresh shorts should be taken below 25000 for a move towards 24780-800 where strong support lies. Bullish above 25150 for a move towards 25300/ 25450. Today was an important day as per time cycle so if 25000 is broken we can see good fall of 200-300 points. Bank Nifty bounced… Read More »

Bank Nifty Analysis for RBI Event

By | October 3, 2017 11:15 pm

As discussed in Last Analysis   Range of 23963-24270 will be a dicey range to trade with, So breakout trades should long above 24270 for a move till 24358/24480/24750. Bearish below 23960 for a move till 23780/23510. 04 Oct is crucial trend change date as per time cycle. Low made was 24007 and high made was… Read More »

Bank Nifty EOD Analysis for Aug RBI Policy

By | August 1, 2017 8:04 pm

As discussed in Last Analysis   Fresh longs should be taken above 25000 for a move towards 25200-25284. Bearish below 24624 for a move towards 24480-24300.  High made today was 25168 so bank nifty reached near our target of 25200 but did not achieve it,hopefully will be done tomorrow. Close above 25200 will push bank nifty… Read More »