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vanathi
Dec 5, 2017 1:04 PM

BankNifty - RBI policy day analysis! 

Nifty Bank IndexNSE

Description

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!
Comments
SuryakantPatil
i think now it will bounce back
SuryakantPatil
what's the target now ?
chetanjain86
Break up or down
vanathi
@chetanjain86, Mostly downside, also price action will try to break all our stop loss.
chetanjain86
@vanathi, right time to buy put 24500
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