Nifty and Bank Nifty in buy mode on the 90 min charts with supports coming around 5137 and 10039 respectively.Market is in sideways since 11th June between 5000-5200 and on last thursday the sideways barrier has been broken on the upside with good amount of bullish momentum.
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 […]
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