We feel the bad is still not over yet for the markets. The bears are still strong and are defending their grounds
The CRR cut expected for the bankers is 25 basis points.we dont think markets will respond positive on this
Markets will be positive only if the cut is greater then expected till 50-75 basis point.
By doing so inflation will rise to add more trouble to our system.
This month too will be full of action for intraday players
NIFTY BUY ONLY ABOVE 5409
NIFTY SELL ACTIVATED @ 5390
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