25 Bps may not be a strong trigger for the market, #Nifty resistance at 8225-8250.

Moneyites December 7, 2016 No Comments

Market Update: – #Market flat ahead of #RBI Policy, Brokers expecting a 25 bps cut in the interest in the upcoming policy. A 25 bps may not be a stronger trigger for the market and some of the bull rally may also be already price in. Nifty spot have crucial resistance at 8225 above which it may show more uptrend to the level of 8280-8290. On the contrary, nifty hold important support at 8100 and 8050 in the downside. More Information Visit Here:- https://moneyites.com/