RBI Credit policy:
The consumer price inflation remains very sticky at double digits. Globally, the harvest is bad and a lot of economies worldwide are stimulating growth through cutting interest rates. Therefore, that could push up commodity prices. The more important point that the market will watch out for will be the growth forecast of RBI. The GDP forecast in April was put in at 7.3, 90% of people who were surveyed said that they expect the forecast to be brought down.
Future and Option calls
BUY BHARTIARTL PUT Option 300 above 9.70 TARGET 10.70,11.70,12.70 SL 7.70
BUY SBIN 2000 PUT
SELL NIFTY future below 5200 TARGETS 5185, 5170 SL 5230
SELL TITAN future below 231 TARGETS 229.5, 228 SL 234
The consumer price inflation remains very sticky at double digits. Globally, the harvest is bad and a lot of economies worldwide are stimulating growth through cutting interest rates. Therefore, that could push up commodity prices. The more important point that the market will watch out for will be the growth forecast of RBI. The GDP forecast in April was put in at 7.3, 90% of people who were surveyed said that they expect the forecast to be brought down.
Future and Option calls
BUY BHARTIARTL PUT Option 300 above 9.70 TARGET 10.70,11.70,12.70 SL 7.70
BUY SBIN 2000 PUT
SELL NIFTY future below 5200 TARGETS 5185, 5170 SL 5230
SELL TITAN future below 231 TARGETS 229.5, 228 SL 234
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