SELL UNITED SPIRIT BELOW 729 TG-723 SL-736.2
SELL KARNATAKA BANK FUTURES BELOW 92.2 TG-91.7 SL-93.1
RBI should cut rates by 50 bps by December
Sensex opens 250 pts up on global cues; ICICI Bank leads
The RBI is expected to hold its policy interest rate steady at its quarterly review next week, keeping pressure on the government to reduce a ballooning fiscal deficit and take steps to remove bottlenecks that are driving up food prices.
NIFTY SPOT
TREND-CONSOLIDATE
RESI 1: 5130
RESI 2: 5205
SUPP 1: 5015
SUPP 2: 4935
STRATEGY: SELL ON HIGHS
BANK NIFTY FUTURE
TREND- CONSOLIDATE
RESI 1: 10250
RESI 2: 10410
SUPP 1: 9950
SUPP 2: 9800
STRATEGY: SELL ON HIGHS
0731-6458808,09200009266
