25 BPS was not welcome by market and today (06/06/2019) Nifty falls by 177.90 points to show down trend.  As mentioned in our earlier post Click here Nifty is trading at very high P/E. Nifty closed at 11,843.75 which is below the first support of 11,872 as mentioned earlier.  The next support for Nifty is at 11,754. If Nifty bounce back to show uptrend, it might be short lived…..

So traders must take care, investors can find some bottom fishing…….