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Tuesday 19 March 2013

Nifty - 19 Mar 2013 - RBI Policy on the radar

Nifty looks mildly bullish on the eve of the RBI Policy. Wait for EOD for a clear trend.

We are on a two day trading holiday owing to personal commitments. We have a small long position on the Nifty that we plan to hold through till tomorrow, when the market's reaction to the RBI monetary policy will get clear.

Happy Trading !!!

Also visit Just Nifty and the Nifty Range blogs.

For cash market recommendations see our Daily Pre Market calls on NSE
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1 comment:

  1. I Trade 4 Profit Daily19 March 2013 at 15:30

    It seems Nifty has made a higher low now. Albeit it has also made a lower high. So trading in a contracting triangle.

    With quite some time before expiry, we have added to our long position with buying of 5800 CE at 40.

    120 points at risk now.

    ReplyDelete

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