Tuesday, October 29, 2013

RBI Policy in focus...

All eyes on RBI Policy.... markets already discounted for 25 bps, anything higher than that can be a trouble for bulls....

Markets look weak after breaking 6100 which will be a support on closing basis.... lower level 6060-6000 5970-5900....

Resistances 6175-6270

Bias for markets ais bearish with lower supports as targets
Regards

Hrishi

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