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Post-open Outlook(06-06-2019)

RBI Credit policy is at 11:45 AM today and posisive news is that 25 BPS rate cut possibility is on the cards but Indian markets have not shown any strength immediately after opening therefore firstly Nifty sustaining beyond 12000 should be watched today for the life of last Tuesday started correction.

Remain cautious also because RBI Credit policy led valatility may remain high.