Monday 17 December 2012

Market View 18/12/2012 10:40am

Market has corrected last week and now it is at a very good level.

Today is RBI policy and the market is preparing itself for it.

According to the market momentum, it is going up only.

Rate cut is very much unlikely but there could be CRR cut which
can happen. If Repo rate cut would happen, market can even break
6000 levels.

Buy Nifty @ 5895
Stop Loss - 5865
Target - 5930, 5970, 6000


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