Wednesday, February 8

Bank Nifty Technical Setup before RBI Feb Policy

As discussed in Last Analysis Now we are at crucial juncture as range of  20500-20600 is very crucial closing above it we are heading towards 21000, Unable to do so dip towards 20300/20150/20000. Bank Nifty made high of 20426 so was unable to breach the range of 20500-20600 and than corrected till 20281 doing our 1 target of 20300, Now Bulls will get active only above 20500 for a move towards 20900 and bears below 20300 for a move towards 20150/20000/19800.  Winning Trader's Mindset

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