<p>BoE raises Bank Rate by 50bps to 5.00%, larger than consensus of 25bps. The decision was made by 7-2 vote, with only known dove Swati Dhingra and Silvana Tenreyro voted for no change again. T
<p>Pivot</p> <p> (invalidation): 12530.00 Our preference</p> <p>Long positions above 12530.00 with targets at 12840.00 & 13000.00 in extension.</p>
<p>STOCKS Asian indices remain strong. Nikkei and Shanghai have risen sharply and have room to move further higher. Sensex and Nifty are also looking strong to extend the rally in the coming day
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