Nifty closed at 5333 for the week. It got support exactly at 5170.
This week end came with a surprise of RBI cutting 0.75 BPS in the CRR which will give a positive trigger.
This week daily some economic data is getting announced ( IIP , FOMC , Railway Budget , Credit Policy , and finally the Budget ) so this week we can expect a lot of volatility . Trade cautiously and with strict stop loss.
In the down side 5295 and 5245 will act as a support.
On crossing 5400 it can reach 5628 in the upper side.
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