Important events ahead.
Rbi interest interest rate decision on 8 th feb
inflation rate on Year wise on 12 th.
inflation data january on 13 th.
Two extreme cases expected.
in 1 st case bank nifty may fall further to the position of lower arrow.
In the 2 nd case it may touch upper arrow in that case it should proceed to
fill up the gap which has been already done by nifty.
Today it was narrow range day for bank nifty.
indecisive.
with results of sbi not helping and hdfc bank too subdued
it needs trigger to rise ahead.
present stand neutral.
It has formed a diogonal.
and it is retracing that diogonal.
If this post helps you please like it.
follow me to get updates.
Rbi interest interest rate decision on 8 th feb
inflation rate on Year wise on 12 th.
inflation data january on 13 th.
Two extreme cases expected.
in 1 st case bank nifty may fall further to the position of lower arrow.
In the 2 nd case it may touch upper arrow in that case it should proceed to
fill up the gap which has been already done by nifty.
Today it was narrow range day for bank nifty.
indecisive.
with results of sbi not helping and hdfc bank too subdued
it needs trigger to rise ahead.
present stand neutral.
It has formed a diogonal.
and it is retracing that diogonal.
If this post helps you please like it.
follow me to get updates.
Comment:
Comment:
Bank nifty uptrend on.It is forming higher high and higher low unless it breaks 45071
