S&P bullish : Nifty slides : RBI Policy Ahead

S&P currently trading 2532 as i write this post , Its being bullish for long with no signs of tiring off , global stocks overall are on a ride for the past 2-3 months and still going strong . Nifty touched 10000 mark before sliding down , I am still bullish India but needs a pullback to go long . I will be scanning specific stocks as well so that i stay invested in the short term .

Macroeconomic indicators are not favorable in the current scenario , we need to watch for RBI delivers tomorrow. With demonetization and GST the economy is still not stabilized at the moment and may take some time  to be on track 

Watching Sun Pharma at the moment to enter into a buy position
Not doing anything on the Index as of now : into sidelines

Gold is a good buy at the moment and i am going long at 1271 , if you have noticed commodities overall are firming up and they will give you good returns over the period of time
Nothing on the currency markets , i am scanning through and I may take some shots tomorrow
Keep reading my Posts and do keep your comments

Strategy

Buy Gold 1271 - Take profit at 1300 

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