Nifty has opened gap up today with the news that RBI cut the repo rate by 0.25% which is being seen as a positive sign for the industry. Nifty is now trading above white trend line is one sign which is positive for bulls. But nifty should also break and sustain above 8445 which is a high it made on 5th Jan 2015, after making this high nifty fell down sharply and broke 8180 also. Now 8445 is a psychological hurdle breaking which huge upside awaits.
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