Nifty and Bank Nifty under Bear Attack
Bank Nifty
Bank Nifty crashed today after RBI did the shocker raising the Repo Rate hiked by 50 bps . Market was not prepared for this and
corrected 2.3%.
Bank Nifty was unable to cross 11451 levels which was the first sign of bearishness.
As per daily charts bank nifty is still trading in a range of 11451-11000 and till the breakout on either side do not happen Buy near the lower end with 30 Point sl and short near higher end with 30 pt sl will give very good trades.
Levels for Tomorrow
Buy above 11204 …
Read the full story »
Bank Nifty crashed today after RBI did the shocker raising the Repo Rate hiked by 50 bps . Market was not prepared for this and
corrected 2.3%.
Bank Nifty was unable to cross 11451 levels which was the first sign of bearishness.
As per daily charts bank nifty is still trading in a range of 11451-11000 and till the breakout on either side do not happen Buy near the lower end with 30 Point sl and short near higher end with 30 pt sl will give very good trades.
Levels for Tomorrow
Buy above 11204 …
Read the full story »
posted by Bramesh at
11:50 PM
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