December 9, 2016

The Market is likely to maintain its uptrends with strong global cues. Focus will be on the RBI monetary policy review but all eyes will be on next central governor chief. Outgoing governor RaghuRam Rajan is not expected to tinker with rates as he presents his last monetary policy today. Asian shares stood atop one year peaks on Tuesday as a desperate search for yield drove a record inflow into emerging market funds, while oil prices tried to sustain their latest bounce.  

Live update 11:20- The 30-share Sensex is down 27.32 points or 0.10% at 28155.25 and The 50-share Nifty is falls 11.15 points or 0.13% at 8700.20.

SELL MRO TEK BELOW 49 TARGETS 48.6 … … STOPLOSS …
HNI CALL- BUY ALBK FUTURE ABOVE 80 TARGETS 80.4 … … STOPLOSS ….

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