This is the second time RBI governor announcing rate cut....not in scheduled RBI meet....we are also following international (manipulation) norms...to support overseas players and least bothered about small traders....
Anyway our trade in Nifty (we are in "Buy") is not in the wrong track....so we are least bothered what RBI says and do...
Message is, in future...small investors can't believe our institution to trade in overnight positions....
Today it may be benefited for some...tomorrow it may be a disaster for traders trading without any patterns and levels...
If we go by EOD levels...this RBI news no way get affected and definitely we will not be in the wrong trend..
So...understand and trade with proper level and guidance...
Anyway our trade in Nifty (we are in "Buy") is not in the wrong track....so we are least bothered what RBI says and do...
Message is, in future...small investors can't believe our institution to trade in overnight positions....
Today it may be benefited for some...tomorrow it may be a disaster for traders trading without any patterns and levels...
If we go by EOD levels...this RBI news no way get affected and definitely we will not be in the wrong trend..
So...understand and trade with proper level and guidance...
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