Today's Levels for Nifty and BNF

Tomorrow's Nifty and Bank Nifty range

Plan accordingly

💥RBI💥

👉🏻Will continue to monitor emerging situation & use all resources, says RBI Governor, Das Shaktikanta

👉🏻Steps have to be wide-ranging and well-timed, says RBI Governor

👉🏻Global economic outlook is highly uncertain & clouded with downside risks

👉🏻Reports suggest disruption in mfg units is minimal so far.

👉🏻Do not expect any broad deviation in projections made in April MPC meet.

📌Inflation for rest of year will be influenced by COVID restrictions. Do not see any wide variation from our earlier inflation estimate.

👉🏻Decided that second purchase of G-SEC for Rs 35,000 cr under G-SAP 1.0 will be conducted on May 20.

👉🏻Will ramp up COVID-related healthcare infra, on-tap liquidity window of Rs 50,000 cr with up to 3-yr tenor at repo rate being opened until March 31, 2022.

👉🏻RBI GOV says to boost covid related infra and health infra RBI opens term liquidty facility of 50000cr.

📌 Banks can provide fresh support to med devices , hospitals , Path labs , importers of vaccines , patients.

📌 Banks to maintain a covid loan book.

CIPLA positional buy at 885 , can add till 870 , Target 🎯 1000+++

BNF IS READY FOR A RIDE

POSITIONAL PICK

Positional Pick

Once BO done , huge rally will be seen

Caplinpoint given at 457 now at 563

Enjoy the profits

Nifty

BNF Range

Photo from Naga Rajan

Investment pick

48.30 to 51.40 today 8% done in HSCL

SPARC POSITIONAL VIEW , closing above 214 required in Daily..