Market can open up positive and may stay positive till 11am in the
anticipation of rate cut.
Nifty has strong resistance around 8750-8780 levels.
Bank Nifty needs to trade above 19000 levels if there are any rate cut
happening. Overall market has discounted that there will not be any rate cut
and hence after the announcement is over, if market corrects and form a base,
look for opportunity to buy.
IT sector will be good place to start investing. Look for opportunity to Buy
in TCS, Infosys, HCL Tech
anticipation of rate cut.
Nifty has strong resistance around 8750-8780 levels.
Bank Nifty needs to trade above 19000 levels if there are any rate cut
happening. Overall market has discounted that there will not be any rate cut
and hence after the announcement is over, if market corrects and form a base,
look for opportunity to buy.
IT sector will be good place to start investing. Look for opportunity to Buy
in TCS, Infosys, HCL Tech
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