Watch levels amid RBI Credit Policy led volatility
Post-open Outlook(06-08-2020)
As Dow Jones closed 373 points up therefore sentiment was positive today morning hence indian markets are trading in Green zone since opening.
RBI Credit Policy at 12:00 noon today and next big moves will be according to its announcements therefore sustaining beyond following levels of Nifty and Bank Nifty should be watched today for those big moves confirmations because volatility may be high just before and after Policy announcements:-
Bank Nifty- 21445-21920
Nifty- 11072-11224