JUL series Day-19 BankNifty=10265 (-45)
In JUL series 11 UP and 8 DOWN days as follows.
UUUUUUDUDDDDDUUDDUU
The Expected Zone has moved from (10300~10400) to 10300.(yellow colour)
We follow the PUT and CALL windows with the boundaries, as follows.
This is not based on ANY formula , but on just observations of last few days.
CRR
Also called the Cash Reserve Ratio, refers to
a portion of deposits (as cash) which banks have to keep/maintain with
the RBI. This serves two purposes. It ensures that a portion of bank
deposits is totally risk-free and secondly it enables that RBI control liquidity
in the system, and thereby, inflation by tying their hands in lending money.
If CRR is cut ,that portion of money is released into system.The
present rate is 4.75%.
(Source:Internet)
In JUL series 11 UP and 8 DOWN days as follows.
UUUUUUDUDDDDDUUDDUU
The Expected Zone has moved from (10300~10400) to 10300.(yellow colour)
We follow the PUT and CALL windows with the boundaries, as follows.
HTML:
DAY LOW~HIGH
========= =========
1 to 7 40Rs~400Rs
8 to 14 30Rs-300Rs
15 to END 20Rs~200RS
CRR
Also called the Cash Reserve Ratio, refers to
a portion of deposits (as cash) which banks have to keep/maintain with
the RBI. This serves two purposes. It ensures that a portion of bank
deposits is totally risk-free and secondly it enables that RBI control liquidity
in the system, and thereby, inflation by tying their hands in lending money.
If CRR is cut ,that portion of money is released into system.The
present rate is 4.75%.
(Source:Internet)