INDICES

Monday 4 April 2016

BANK NIFTY(POSITIONAL)

AS PER THE INTREST RATE DECISION ON 5th APRIL (i.e. TOMMOROW). ON FUNDAMENTAL BASIS DON'T KNOW WHAT RBI GOVERNER PLANNED FOR THIS TIME BUT AS PER TECHNICAL CHART OF BANK NIFTY THE MAJOUR SUPPORT EXIST @15760 IN SPOT FOR THE UPPER RESISTANCE @16980!!! SO A MOVE FROM 16174.90  TO 17000 IS READY....BUT @16300 IS ALSO A  HURDLE...BUT IF YOU WANT TO MAKE A POSITION THEN THE CALL WILL BE.......

BUY BANK NIFTY @16100-16200 FOR THE TARGET OF 17000 WITH A STOP LOSS OF CLOSING BELOW 15820.

10:01PM:- BUY BANK NIFTY ON MARKET @16288(future)16239(spot)


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