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Bank NIfty Chart Analysis: RBI Policy tomorrow...
Nifty Bank Index
Short
Bank NIfty Chart Analysis: RBI Policy tomorrow...
By indiamarketoutlook
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Feb 6, 2018
7
Feb 6, 2018
Bank Nifty
Closing Price 25811
In our previous post, we highlighted the importance of 25800 and 25280 levels
https://in.tradingview.com/chart/BANKNIFTY/5L42Y2o3-Bank-Nifty-Imp-levels-for-Bank-Nifty-to-watch-out-for/
As can be seen from the chart, Bank Nifty respected both the levels
Now we have RBI Policy tomorrow
What can we expect...
The up side resistance zone is still intact
On any rise, if we see price action getting rejected, we could be in for the 2nd leg of correction....
Resistance and Target zone have been highlighted
There you go...
Important levels have been highlighted
Hope it helps in planing your trade...
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Do like and share with your friends & colleagues if you find the analysis helpful...
Sharing is caring...!!!
Take care & safe trading...!!!
BANKNIFTY
Chart Patterns
Trend Analysis
indiamarketoutlook
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