Banknifty Future closed : 15540
Big volatile will be expected ahead of RBI Policy
If Cut 25 basis points ——– will move 250 to 400 points easily
If Unchanged ———- will fall up to 100 to 200 points from higher levels
Today’s BNF facing Resistance 15600 & 15680 levels
There after will move 15850
Today’s Supports 15475 & 15400……..
After Policy if stays below 15400……….. Panic selling expected up to 15250++
Better to Trade after Policy!!!
More Live Market update to our clients only
BANKINDIA below 237
Bears have upper hand……….. down side Target 232 228 levels
KOTAKBANK sell on higher level
Below 996 more weakness on the card!!!
Support 985+
Updated : 08.56am / 30th Sept’14