BANKNIFTY Volatility expected on RBI June’25 MPC Meeting outcome.
Index has resistance near 56300 – 56400 range and if index crosses and sustains above this level then may reach near 56800 – 56900 range.
Banknifty has immediate support near 55200 - 55100 range and if this support is broken then index may tank near 54600 - 54500 range.
Trade closed: target reached
Gap up opening with low near 55535 and made high near 56695 on RBI MPC positive outcome and closed near 56580.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.