NOV series Day.1 (Start) BankNifty=11509 (-105)
In NOV.series BankNifty moved this way:
D
Now the Expected zone stands at (11400~11800) looking
at previous trading day's data.
Repo (Repurchase) Rate
Repo rate is the rate at which banks borrow funds from the RBI to meet the gap between the demand
they are facing for money (loans) and how much they have on hand to lend.
If the RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate;
similarly, if it wants to make it cheaper for banks to borrow money, it reduces the repo rate.
In NOV.series BankNifty moved this way:
D
HTML:
We follow the PUT and CALL windows with the boundaries, as follows.
DAY LOW~HIGH
========= =========
1 to 7 40Rs~400Rs
8 to 14 30Rs-300Rs
15 to END 20Rs~200RS
This is not based on ANY formula , but on just observations of last few days.
at previous trading day's data.
Repo (Repurchase) Rate
Repo rate is the rate at which banks borrow funds from the RBI to meet the gap between the demand
they are facing for money (loans) and how much they have on hand to lend.
If the RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate;
similarly, if it wants to make it cheaper for banks to borrow money, it reduces the repo rate.