Category Archives: Bank Nifty RBI Policy

Bank Nifty Weekly Forecast for RBI Policy Week

By | February 4, 2018

Last Week we gave Chopad Level 27555 Bank Nifty gave Long Entry as per Chopad Level on Monday got stopped out and Shorts were triggered another opportunity came on Budget day and did all 3 target on downside, Awesome week for Chopad followers. Also Bank Nifty made the High of 27652 on 29 Jan on… Read More »

Bank Nifty Analysis for RBI Policy

By | December 5, 2017

As discussed in Last Analysis   Now Fresh shorts should be taken below 25000 for a move towards 24780-800 where strong support lies. Bullish above 25150 for a move towards 25300/ 25450. Today was an important day as per time cycle so if 25000 is broken we can see good fall of 200-300 points. Bank Nifty bounced… Read More »

Bank Nifty EOD Analysis for Aug RBI Policy

By | August 1, 2017

As discussed in Last Analysis   Fresh longs should be taken above 25000 for a move towards 25200-25284. Bearish below 24624 for a move towards 24480-24300.  High made today was 25168 so bank nifty reached near our target of 25200 but did not achieve it,hopefully will be done tomorrow. Close above 25200 will push bank nifty… Read More »

Will Bank Nifty Bulls hold 23300 after RBI Policy announcement ?

By | June 6, 2017

As discussed in Last Analysis   So as 23300 is held we will make another upmove towards 23450-23616-23760. Bearish below 23100 for a move towards 22800-22500.  High made today was 23536 new life high, Low made today was 23381 so bank nifty bulls protecting 23300 range. Till the low of 23300 protected bank nifty can continue… Read More »