The Reserve Bank of India will unveil its monetary policy on Monday amid expectations that the central banker will reduce interest rates on back of easing inflation trajectory.
Does this makes banks or real-estate stocks lucrative?
Check out the trading strategies for banks and other frontline stocks with Mohit Gaba, independent technical analyst & trader.
Smartinvestor : How would you trade the Bank Nifty and within that any specific bank calls that you have?
Mohit Gaba : One can go long on the Bank Nifty futures with a stop loss at 11800, we could see targets of 12000 - 12100 in the days to come.
Mohit Gaba : Axis Bank looks very good, with a stop loss at 1280 one could go long for target of Rs 1335 - 1345.
Smartinvestor : Are you bullish on rate-sensitives ahead of Monday's RBI policy review?
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