Start to this truncated, festival week is likely to be positive on the back of strong global cues. This week has besides the domestic monetary policy announcements, various other important events globally. Also many important corporate results are going to be announced in local as well as global markets. Indices are poised at a crucial level. Depending upon the outcome of these events, markets could move in either direction very sharply. Given the build up of momentum chances of a break out are more. Stay invested and trade with a positive bias.
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