Monday, August 8

Bank Nifty takes breather before RBI policy,EOD Analysis

  • As discussed in Last analysis   Bulls now need a close above 19158 for a move till 19500. Bank Nifty did the final target of Cyphar pattern and paused in current uptrend. Now for Bulls we need a close above 19158 for a move towards 19500,bear will get active on close below 18915 for a target of 18500. RBI policy tomorrow expect volatile move,trade with caution.Better to trade once the event is over.    The Thinking of the Average Trader
Bank Nifty Harmonic

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