Banknifty Future closed : 10554
All eyes watched on RBI Policy
If Unchanged ……… BNF will move between 10400 to 10550 (Chance 60%)
If Hike 25 basis points ………. will see another Blood Bath upto 9900 to 10100 (Chance 30%)
Suppose if Cut 25 basis points………. Rally expected upto 10700 to 10900 (10%)
Yesterday our strong hurdle level 10800 broken & closed 10554
Today’s support 10480 & 10400, After policy if stays below 10400
Sharp slide expected upto 10270 & 10100 levels!!!
After Policy if sustain above 10550……… we see 10675 & 10800 levels!!!
More live market update to our clients only
ICICIBANK strong hurdle 1010 & 995
Thereafter more down side expected upto 970 levels
Risky can watch support level & Buy side!!!
Updated : 08.46am / 28th Jan’14
