BankniftyFuture last close : 28111.50
RBI Policy……. Expectations for a fourth consecutive rate cut 25 bps
BankniftyFuture is facing a intraday resistance at 28200-28285
After policy………. BNF if sustained above 28285 with volumes…….
Then will move up to 28440 (200 DMA)………. Risky can sell on rise keep stop of resistance zone!!
Today BNF can be considered as supports as 28000-27930
Below 27930…………… Finding a next support around 27780-27600
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Updated : 08.58 AM / 07th Aug 2019
