American markets rebounded more than 1.5% China is up Japan is flat. SGX Nifty trading at 10250, 50 points up the major resistance are 10330 and 10375, RSI and MACD taken out. RBI's monetary policy committee's 2 day meeting will start today,later in the market session tomorrow some major decisions may come out as all PSU bank wrote off their NPA of 2.4 lac crore of 2014-2017.After China metals business Donald trump now targeting Indian pharma sector for import duties, investors should avoid pharma for now.
Due to elections India is planing to build roads across India and issues the 18 billion dollars fund for same.
We are expecting flat to up moment today but stick with your stop loss and try to avoid pharma and banking sector if you can. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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