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Introduction Tomorrow Bank Nifty and Nifty Prediction.
Navigating today’s market was a rollercoaster ride, by the RBI policy and weekly index expiry. Bank Nifty Share Price Open on 10 August at Resistance Levels 44800 and gave downside movement till 44420. Due to RBI Policy Bank Nifty Share Price gave Huge Volatility in both the direction. The Nifty’s journey from opening at 19605, hitting a high of 19630, and dipping to 19495 showcased intense volatility. Our previous analysis pinpointed 19500 as a robust support zone, and the market mirrored this by rebounding precisely from that level. Currently, Nifty appears to be confined within the 19470-19630 range. Stay patient and observant, as a breakout from this range could lead to exciting opportunities in either direction. Happy trading!
Nifty Levels for 11 Aug Tomorrow Prediction and Analysis
Nifty Chart For 11 Aug
| Date | Resistance Levels | Support Levels |
|---|---|---|
| 11th Aug | 19630 | 19530 |
| 19700 | 19490 | |
| 19770 | 19450 |
Bank Nifty Share Price Levels for 11 Aug Tomorrow Prediction and Analysis
Bank Nifty Chart For 11 Aug
| Date | Resistance Levels | Support Levels |
|---|---|---|
| 11th Aug | 44800 | 44450 |
| 45000 | 44200 | |
| 45150 | 44050 |
RBI Policy Updates
RBI kept repo rate unchanged at 6.50%
Reason for Market Fall Today
RBI CHIEF DAS: WITH EFFECT FROM AUG. 12 FORTNIGHT BANKS SHALL MAINTAIN AN INCREMENTAL CRR OF 10% ON INCREASE IN NDTL BETWEEN MAY 19 AND JULY 28.
Conclusion for Tomorrow Bank Nifty Share Price and Nifty Prediction
Join us on this thrilling ride as we decode the Bank Nifty Share Price prediction, uncovering profitable insights for your trading journey! Don’t miss out on this golden opportunity!
Keep an eye on these levels for potential market movements on 10th August!
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Disclaimer:
The information provided in this blog post is for educational and informational purposes only. It should not be construed as financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a qualified financial advisor before making investment decisions.
