The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to deliver another 25 basis points (bps) rate hike at the 6-8 February meeting, bringing the repo rate to 6.50%, with the need for larger hikes declining rapidly amid falling inflation and moderating im......read more
On Friday, Bank Nifty climbs up to 950 points within a few hours. Without support.
We call it Power move.
And whenever the price of power move goes up, it does not create any support and even if it falls, there will be no support, due to which a big fall can be seen.
🟢🟢 Banknifty giving good closing on Friday and making symmetrical triangle pattern breakout soon in 15 min timeframe so target marked on chart and next week now onwards we will se stability in market after last week debacles of adani saga.