The market will decide the slightly upward or slightly downward trend after RBI would announce its credit policy by optiontips.in.
Ahead of the Reserve Bank's monetary policy review on Tuesday, bankers today said the central bank should focus more on growth as the country cannot afford economic expansion of below 5 percent.
"The RBI could give a signal because it does not want growth to come below 5 percent"
Stock Tips for today by optiontips.in
For Medium to Long Term prospective
Buy Mahindra and Mahindra
Recommended Price: 890
Target:
read more on:
http://www.kyachadega.com/2012/10/nifty-remains-in-range-bound-of-5630.html
The market will get capped upwards, close to 5,250-5,350 range. After that, it will remain in the range of 4,750-5,250 because the down fall of the US markets ,while they are aiming towards reviving economy, we need to see something quite concrete coming up from the eurozone as well. Hence, September would still remain little range bound...........
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