Category Archives: Bank Nifty RBI Policy

Bank Nifty Analysis ahead RBI policy announcement

By | October 7, 2021 8:17 pm

As discussed in Last Analysis  All Bullish target were done above 37648 and we also saw the impact of Mars created havoc in market. Now Bulls need to move above 37645 for a move towards 37742/37840/37937/38034. Bears will get active below 37398 for a move towards 37302/37205/37109/37013. Low made was 37650 and almost did the 3… Read More »

Bank Nifty Analysis Post RBI Policy

By | February 6, 2020 8:09 pm

As discussed in Last Analysis  Now Bulls need to hold 30850 for trend to remain bullish and rally to continue towards 31169/31330. Bears will get active below 30840 for a move back to 30733/30500. Tomorrow is an important Astro Date. Low made was 30917 so bulls held on to 30850 and did all target on… Read More »

Bank Nifty RBI Policy Analysis

By | October 4, 2019 12:01 am

As Discussed in Last Analysis  As we have expiry tomorrow Bulls will need a close above 28800 for move towards 29000/29225/29475. Bears will get active below 28500 for a mvoe back to 28200/28100/27900. Bears were able to do 28240 only. As we have RBI Policy outcome by 11:45 tomorrow and today we had mercury ingress… Read More »

Bank Nifty RBI Policy Analysis

By | June 5, 2019 8:37 pm

As Discussed in Last Analysis Positional Long should be taken above 31800 only else this rally will get sold into. Bulls will get active only above 31800 for a move towards 32000/32250/32500. Bears will become active below 31400 for a move back to 31284/31100/30900. High made was 31752 so bulls still unable to close above… Read More »