Nifty and Bank Nifty 90 min charts turned to sell mode on 21st Dec and currently the resistance zone are coming near to 5891 and 12441 respectively. One can enter into the Positional Buy if the resistance zone get broke on the upper side.
Related Readings and Observations
Nifty Futures and Bank Nifty Futures October 2016 Outlook The RBI cut benchmark rates by 25 basis points (bps) on 4 October, bringing down the repo rate from 6.5% to 6.25% since then there is a significant underperformance in banknifty futures as […]- BRExit and Stock Market Crash Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR […]
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