18th Dec ‘2013 Banknifty Future Levels

bnf 5

Banknifty Future Closed : 11243

sparkly-eyes

Today all eyes on RBI Policy

If hike 25 Basis points…….. 100 to 200 pts expected to Fall

Already discounted almost 1000 points last one week

If hike 50 basis point………… Another sharp slide will be expected !!!

Suppose if unchanged……… Sharp rally expected upto 11500 to 11700

Today’s support 11200 & 11030……. Thereafter 10800……

Today’s Resistance 11350 & 11500……. Thereafter 11700……..

Better to trade after Policy !!!

More Entry level & Exit level to our clients only

Updated : 08.49am / 18th Dec