''Indian markets are expected to open negative tracking SGX Nifty and Asian markets. India's key benchmark indices ended flat after high volatility as RBI kept its main lending rate unchanged after a monetary policy review as it waited for more signs of inflation to slow down,'' according to Angel Broking.
''The trend deciding level for the day is 26,654 / 7,973 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 26,827 - 27,024 / 8,023 - 8,080 levels,'' it said.
''However, if Nifty trades below 26,654 / 7,973 levels for the first half-an-hour of trade then it may correct 26,457 - 26,284 / 7,915 - 7,866 levels,'' it added.
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