Have you ever thought how the stocks run upto a make or break level and there's always a huge policy waiting to decide the trend of the market? Is this a mere coincidence or game played by big ones?
Anyhow we really don't know what the RBI is going to do today that will decide the trend of the market for some days.
On Wednesday the Nifty futures made a high of 5144. The next 2 days the nifty futures traded almost 150 points and on friday the futures closed at 5147. Nov the Nifty has closed a lil above the comfort level of 5120-5125, be cautious for today. Any good news will blast the nifty upwards and at the same time bad news will kill this market.
I will be giving some long counters for today, but please trade with exact levels. Any breaks you can reverse your trades also.......................
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