Nifty: Resistance 3162/3230/3335/3382/3399/3434
Supports 3071/3050/3000
View: As we wrote yesterday, alot of volatility was witnessed yesterday. RBI cut repo-rate by 100 Bps, first time in 4 years, still didn't give a needed boost & we witnessed a lot of swing in market post announcement. As we are saying from past 2 days, buy in dip & try to exit in rallies. Above 3335 if sustains then we may see rally extending upto 3550.
Buy RNRL arnd 50 Sl 47.5 Tgt 53-57 (Positional)
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