Banknifty Future last close : 26257.45
Huge volatile will be expected ahead of RBI Policy
RBI once if hold the rates (Chances are 50%)……… Little bit rally will be expected
Suppose if hike (25 bps) rates (Chances are 40%)……….Slide will be expected
Or if hike 50 bps (Chances are 10%)………..Blood bath will be expected
Let’s see Today’s levels!!
BNF is facing resistance 26325 & 26410 levels
After policy if breaks 26410 and holds above the level…….. Try to move 26550
BNF can be considered support at 26180, 26110 and 25960
After events……. if breaks 25960 and holds below the level
Non stop panic will be expected up to 25700……….!!
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Updated : 08.44 AM / 06th June 2018
