Hi , Wat will be the movement for NIFTY for this 13th June 2019 expiery

2019-06-06 16:40:16

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    Senior Analyst
    2019-06-06 16:48:07

    Nifty is expected to trade in the bearish side till it crosses 12200 and closes above it. Below 11700 we may see sharp correction in nifty. As Today RBI has rate cut, As market was expecting 0.5 basis point cut and RBI announced 0.25% cut, Hence market mood is on the bearish side and we expected correction in days to come.