Nifty Future recovered smartly after touching 9651. RBI policy maintained status-quo. No change was looked positive and BNF gained 175 points to end above 23600.
Tomorrow Being Expiry day we must look for higher levels in Bank Nifty. But it has to cross the resistance at 23701/23778 to climb 23904 which looks like very much possible. But expect the unexpected things to happen.
BNF has strong support at 23449/419/372/246.
Having already touched 23778 in this week, BNF will try to surpass this number after a clear mandate out of UK Elections. Till then it will be a range bound hovering in between 23400-23700.
Tomorrow Being Expiry day we must look for higher levels in Bank Nifty. But it has to cross the resistance at 23701/23778 to climb 23904 which looks like very much possible. But expect the unexpected things to happen.
BNF has strong support at 23449/419/372/246.
Having already touched 23778 in this week, BNF will try to surpass this number after a clear mandate out of UK Elections. Till then it will be a range bound hovering in between 23400-23700.
Sir please give your smart view on NIFTY too!☺
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