Market Faces Major Test Today: Will RBI Policy Offer Relief Amid Volatility?

• Nifty to test 10 and 20 DEMA today; closing below 25,450 risks rally failure, while a recovery would be positive.
• The 25,450-25,850 range is a no-trading zone due to high risk of getting trapped.
• Global markets, including silver and Bitcoin, saw sharp falls, and FIIs resumed selling after brief buying.
• RBI's Monetary Policy announcement is the biggest domestic signal today, with a neutral pause expected.
• Investors advised to buy Nifty ETFs on dips, exit poor quality mid/small-caps, and maintain a concentrated portfolio.