Estimates for 28th July
GM all. The nifty is again opened within value and range of yesterday. The value areas are 5447-5435-5423 for the Nifty and for the Bank Nifty they are 10129-10072-10009. In range bound markets, value areas are a definitive guide to the nimble trader.Use them. I’m expecting one push to the 5465 region today. That will […]
EOD 27th July
The real action today was in the Bank Nifty index with the RBI rate decision controlling tape movement before 11.30 literally. But first let’s have a look at the Nifty. A choppy day within the 5408-5465 zone or neutral land. Value slipped a bit lower today, only a tad and once again we saw the […]