BANKNIFTY PREMARKET NOTES:-
- SGX NIFTY is 25 POINTS GAP DOWN showing FLAT to NEGATIVE OPENING . So the BANKNIFTY also will open will around 70-80 POINTS GAP DOWN.
- FII Activity – IN CASH BOUGHT ++150 CR / INDEX FUT BOUGHT ++99 CR
EVENTS TO WATCH:-
- RBI Credit POLICY Announcement.
| BANKNIFTY FUT | DEMAND | SUPPLY |
| 1 | 15466 | 15623 |
| 2 | 15347 | 16723 |
| 3 | 15198 | 16845 |
These levels are where we have to watch how market reacts and we have to take decision as per the PRICE ACTION.
WHAT CHART is SAYING?
- Today RBI Policy declaration will be there around 11.00 AM. and markets will decide further trend after this POLICY.
- As the Charts showing (Hourly) the trend is DOWN and still no signs of recovering. But we will wait for RBI Policy for any further clue.
FOLLOW US FOR LIVE
UPDATESON:-
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