Banknifty Future closed : 17185
Very BIG Day…….. Ahead of RBI Policy
If RBI cut 25 bps…………. Chances are 75%
BNF will zoom 17300-17400 levels….. Max 17550 & Bright chance to Shorts!!!
Suppose RBI if NO RATE CUT…………..!!! chances are 25%
We see REAL BLOOD BATH 16800 & 16500
Better advice………. Trade after RBI Policy with tight stop-loss
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Updated : 08.46 AM / 29th Sept 2015