Sunday, October 27

How will Bank Nifty react to RBI and FOMC events, Weekly Analysis

Last Week We gave the Bank Nifty Weekly Trend changer level as 10756 Bank Nifty did 2 target on upside.
Next week is quiet crucial for Bank Nifty as we have RBI Policy, FOMC meeting and F&O expiry all 3 lined up in next 4 days. Bank Nifty being an high beta instrument will rise and fall sharply based on the outcome of events so trade very cautiously and with strict stop loss.
Lets analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

Bank Nifty Hourly

Bank Nifty hourly is holding to its


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