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Here is the update on RBI repo rate and Banknifty levels
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Nifty Weekly Resistance at 23800 zone
Weekly Support zone at 23300 zone
Weekly Support zone at 23300 zone
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image_2025-02-11_10-28-24.png
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Nifty Broader view still stuck in range
TRUMP IMPOSES TARIFFS !
- President Trump has signed actions imposing 25% tariffs on steel and aluminum
- These tariffs are to kick in on March 4, says a US official
- President Trump has noted that tariffs on metals could go higher
- Meetings over the next four weeks will be over cars, drugs & chips
- On the steel & aluminum tariffs, Trump said that he would give consideration to the Australian exemption
- President Trump has signed actions imposing 25% tariffs on steel and aluminum
- These tariffs are to kick in on March 4, says a US official
- President Trump has noted that tariffs on metals could go higher
- Meetings over the next four weeks will be over cars, drugs & chips
- On the steel & aluminum tariffs, Trump said that he would give consideration to the Australian exemption
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My humble view at this situation is donโt react to marketsโฆstop watching portfolio every single minute n get tensed, because if you react then notional loss will become permanent lossโฆgive some time to your portfolioโฆbecause most of us has seen many market cycles ups & downs in the market past yrsโฆsoon markets will bounce back๐
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image_2025-02-13_09-13-06.png
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Nifty still in same box, 23330 and 23600 will remain as important resistance & 22800 remains as support
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Market Decoder
Nifty a small fall can come cmp 23210
Hope that was a satisfying fall๐๐
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200 Points Fall , exactly after posting here๐
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Nifty Range 22990 to 23230 either side breakout will decide the direction
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Market Decoder
image_2025-02-13_09-13-06.png
This box ll not get broken that easily.๐ letโs see
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Nifty Intraday support at 22775 with SL 22725,
If interested Daily closes below 22775 then be careful with Swing positions
If interested Daily closes below 22775 then be careful with Swing positions
Nifty next support levels :22500, 22215,22000, 21500
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