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$ For The Trade $

$ For The Trade $

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Disclaimer :This Channel Is Made For Educational Purpose Only.If anyone takes trade 🙏 please trade your own risk.No One Will Responsible For Profit & Loss.I am Not SEBI Registered Person.I am Not Responsible for any kind of profit & loss

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So, trade wisely and focus on protecting your capital

With the RBI MPC meeting lined up, we could see some volatility. There’s a chance of a 25-basis point rate cut, but nothing is certain until the announcement

OI of Nifty Bank Futures is down by -2.39% and Short Covering in Nifty Bank Futures

BNF went up yesterday and our view was bullish in bnf and view is same for now

BANK NIFTY ANALYSIS

View is neutral to bearish, view changes only above 23800

OI of Nifty 50 Futures is up by 0.9% and there is Short Buildup in Nifty Futures

Support at 23500 and resistance at 23600 and above

PCR is 0.8 overall and 0.75 around ATM which is neutral

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Open interest data

Nifty again rejected from the range of 23700 – 23800

Nifty opened gap up but came down in first one hour and traded in the range

NIFTY ANALYSIS

Nifty went down 0.39% and Bank Nifty went up 0.8% yesterday

Good morning, all

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