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Tit - bits
#Around 11.43 am in the morning,  the BSE Sensex was seen trading at 41,424.47 up 260.71 points (+0.63%) while the Nifty was 12,205.85 up 79.30 points (+0.65%).

The markets are up today basically on the news that the RBI will go for OMO on Monday.

However, I feel this is a dead cat bounce and if 12100 - 12010 is broken on the downside we could see the Nifty sliding towards 9700. Hence,  I would suggest you to sell on rise. 

#Since the RBI is tentative to do OT on Monday,   you can take some positions in Bank Shares and sell them on Monday.

Comments

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11:23 AM
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