How to trade market before and after RBI Policy

Q3 results, RBI's monetary policy review will remain in focus next week and will decide the further trend of Nifty. Q3 numbers have been good till now with RIL and Maruti the major index beating street expectation, Next week ICICI and Rel Infra numbers will be in focus. This weak will be remembered for the butchering of mid cap stocks,HDIL IVRCL traders favorites stocks  were down 10-25%.  So eventhough Nifty is not correcting, retail traders can still feel the brunt of bears. FOMC meeting on 29-30 Jan will dictate the global markets as decision of Fed to cut on QE will be keenly seen by market participants (World Economic calender  for coming weeks Event Calender )
Lets discuss Nifty Trading Strategy for Next week.
  Nifty Hourly Chart

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