The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the third time in a row. The decision was unanimous, according to RBI Chief Shaktikanta Das. The RBI has raised repo rates by a total of 250 basis points since May 2012 to tackle inflation and to ensure retail inflation remains at 4% with a margin of 2% on either side.
Price was volatile for the past 2 days due to RBI impact and the trend will be with less volatility now.
Pattern : Trendline
Range : Medium
Trend strength : Normal
Buy Above : 19420
Stop Loss : 19380
Targets : 19460, 19500, 19520.
Sell below : 19340
Stop Loss : 19370
Targets : 19310,19280 and 19250
14 August
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Pattern : Trendline
Range : Medium
Trend strength : Normal
Buy Above : 19420
Stop Loss : 19380
Targets : 19460, 19500, 19520.
Sell below : 19340
Stop Loss : 19370
Targets : 19310,19280 and 19250
14 August
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Tomorrow's Intraday Setup 🔥
Do your own research, this just for educational purpose 👍
Do your own research, this just for educational purpose 👍
Dropout Engineer Family
Price was volatile for the past 2 days due to RBI impact and the trend will be with less volatility now. Pattern : Trendline Range : Medium Trend strength : Normal Buy Above : 19420 Stop Loss : 19380 Targets : 19460, 19500, 19520. Sell below : 19340 Stop Loss…
Target Achieved 🎯 As Mentioned Per Analysis 😅🔥🙌
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Pattern | Candlestick | Strategies
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Forwarded from Dropout Engineer Family (Akash Kundur)
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Look at all chart closely the more big build up near level the more big breakout 😉