Today is the Monetary policy announcement.
If it is 25bps hike there wont be much fall for the market it will start moving upward
if it is 50bps hike then the Nifty fall more .
Maximum possible is there will be only 25bps hike .
This month NIFTY expiry wont go below 5700
Buy NIFTY 5710-5725 with a strict stoploss of 5685 for the target of 5800
If it is 25bps hike there wont be much fall for the market it will start moving upward
if it is 50bps hike then the Nifty fall more .
Maximum possible is there will be only 25bps hike .
This month NIFTY expiry wont go below 5700
Buy NIFTY 5710-5725 with a strict stoploss of 5685 for the target of 5800
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