Main Takeaway: Investors must keep an eye out on RBI's MPC meet outcome that may impact market sentiment. S&P 500's highest single-day gain in nearly a month has buoyed equities across Asia.

Trade Setup 7 April 2022 -

Investors must keep an eye out on RBI's MPC meet outcome that may impact market sentiment. S&P 500's highest single-day gain in nearly a month has buoyed equities across Asia. Risk-reward still not in favour of longs in banks; all eyes on MPC verdict.

Important details found

  • Investors must keep an eye out on RBI's MPC meet outcome that may impact market sentiment.
  • S&P 500's highest single-day gain in nearly a month has buoyed equities across Asia.
  • Risk-reward still not in favour of longs in banks; all eyes on MPC verdict.
  • Leveraged longs should be kept minimal while global developments play out.

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