vanathi

BankNifty - RBI policy day analysis!

NSE:BANKNIFTY   NIFTY BANK
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What will happen if there is no rate cut? And what will happen if there is rate cut? We dont know, but we can always analyse. The most volatile movements will happen during such news days, making our stoploss hit. So trade with care. Priceaction will remain bullish as long as it holds 25030. On breaking 24950, trend will become bearish .
Comment: Bank nifty getting ready to break!
Comment: Banknifty gave downside movement as per my comment around 1.45 today!
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i think now it will bounce back
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what's the target now ?
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Break up or down
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vanathi chetanjain86
@chetanjain86, Mostly downside, also price action will try to break all our stop loss.
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@vanathi, right time to buy put 24500
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