Monday 8 August 2016

Bank Nifty takes breather before RBI policy,EOD Analysis

As discussed in Last analysis   Bulls now need a close above 19158 for a move till 19500. Bank Nifty did the final target of Cyphar pattern and paused in current uptrend. Now for Bulls we need a close above 19158 for a move towards 19500,bear will get active on close below 18915 for a target of 18500. RBI policy tomorrow expect volatile move,trade with caution.Better to trade once the event

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management