RBI presented Macroeconomic and Monetary Developments - Second Quarter Review 2011-12 after trading hours yesterday and after this review it is also possible that RBI may pause may rates hike today. uncertainties may remain high before RBI credit policy and resultant Indian markets may also be highly volatile. Indian markets will discount all the good/bad news between 5085-5145 and break out of this range will give confirmation of next medium term trend in the coming couple of sessions.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
