How to Trade Nifty and Bank Nifty ahead of RBI rate cut decision

RBI macro view on Indian Economy was out today and the most important take away was:
"Monetary policy needs to be cautious in the interim, focusing on inflation while using the available space to support growth to the degree it can,"
It indicates interest rates are likely to go down but will it be tomorrow as Diwali gift, Mystery will be resolved tomorrow 11 AM.
1. FII sold 4589 Contracts of Index Future,worth 120 cores with net OI decreasing by 7175 contracts.
2. As Nifty Future was up by 3 points and  Open Interest in Index Futures decreased by 7175, so FII again liquidated longs which were rollovered from October series.Nifty  formed a doji candle pattern...


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