Nifty made a low of 5208 high of 5298 and closed at 5289 which is 63 points up from previous close.
Nifty made a longer lower shadow candle on the announcement of RBI policy which shows positive signal to the market.
Nifty can be considered buying above 5330 with stop loss of 5290 for the target of 5380 , 5450 and 5500.
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