17-Dec-2013
Nifty Fut || Day Before RBI Policy
Today trader has to sit back and just watch the market. as we have seen that market always digest Good/Bad News/Event.
There is no trade pick based on RBI Policy ( likely to announce on 18-Dec-2013 ) as we truly believe that market will digest this event and there may not be any good sharp or clear trend before or after the policy.
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Trader should keep a note that as we are moving forward to holiday season on foreign investor and hence there may be drying in voletility of market till this December - 2013 end.
However there could be best trades for investor in coming days as we may get Banking stock cheaper.
Keep your eye on SBI, TCS, TechM
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Nifty Traders stay away from market atleast till RBI Policy.
