Monday, 4 January 2016

Bank Nifty (Jan): 17200-17300 May Pose Big Challenge---

 BNF has to sustain over 17200-300 for 17610-18160;
Otherwise, 16625-16165 may be on the card

RBI directive for PSBS to come clean by 2017 and transmission of rate cuts 
(new base rate methodology) may put some pressure on BNF 


Trading Levels:

BNF-Jan: 17087 (LTP)

SL=+/-  25 POINTS FROM SLR

       









                 
      T1 T2 T3 T4 T5 SLR
Strong > 17200   17296-317 17371-470 17560-610* 17665-850 18010-160 <17150
                 
Weak < 17150   17044-970 16910-819 16695-625* 16505-460 16292-165 >17200
                 
                 
                 
                 
      T1 T2 T3 T4 T5 SLR
Strong > 17200   17317 17470 17610* 17850 18160 <17150
                 
Weak < 17150   16970 16819 16625* 16460 16165 >17200


Analytical Charts:








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