- Previous day Nifty spot closed at 11101.65
- Previous day Nifty futures closed at 11132
- Previous day Bank Nifty spot closed at 21509.95
- Previous day Bank Nifty futures closed at 21607.65
- At 8:00 AM SGX Nifty is 0.25% down
- At 8:00 AM Dow futures is flat
- At 8:00 AM Comex gold is 2044
- At 8:00 AM Comex silver is 27.06
- As mentioned in earlier blogs that gold and silver will have a dream run and silver will outperform gold, in the same way it happened. Rally should continue with a bit of pause in between
- Today there will be RBI bi-monthly policy at 12:00 hrs
- Volatility will rise
- Bank Nifty holds the key
- Nifty 11000 is a major support
- Watch Nifty monthly 11000 straddle
- USDINR is still above our mentioned zone of 74-74.50
Disclaimer:
This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.
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