How Nifty Futures Moved Post 8.2% GDP Growth Announcement

Nifty Futures 1min Charts

India’s GDP grows at 8.2 percent in 2018-19 Q1. As per RBI, India’s economic growth is expected to accelerate to 7.4 percent in the current fiscal year that began in April. GDP Growth a major economic release came on Friday evening 31st Aug 2018. It left a huge positive tone on Monday open.

On Monday Morning 3rd Sep 2018 market opened positively, however, price topped out in the very first minute since then Nifty Futures approximately drowned 466 points or 3.96% since the News on 8.2% GDP growth. Infact this is the highest growth in two years and strongest since the first quarter of 2016.

So what do you think about trading such extreme positive news factors? Record your comments below.

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