Banknifty was closed near to resistance level, If RBI announce any move favour to market, then bank sector will go rock with target of 13000 or may be all time high....Let us wait & watch....Above 5900 nifty having resistance @ 5968. If it sustain above 5968 then direct target to 6040..
NEWS OF THE DAY
RBI credit policy around 11am....This will going to decide the direction of market.
BANK NIFTY :Buy above 12500 sl of 12400 target
will be 12600,12750
SBI :Buy above 2353 sl 2329 target
will be 2377,2401
If market moves below 5815 then do reverse trade....
PORTFOLIO ALERT
Tatasteel sl still not trigger...so keep hold. Buy DEC5900PE only above 79 target will be later 1 lot....THANKS & REGARDS
NSEBSENOW