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Bank NIfty Chart Analysis: RBI Policy tomorrow...

NSE:BANKNIFTY   NIFTY BANK
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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Take care & safe trading...!!!

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