NSE:NIFTY   Nifty 50 Index
Absence of resolution. Neither bulls nor bears are able to settle with these two trendlines of support and resistance making the Ascending Triangle. Both are glued to 200 DMA. Until such time Nifty will remain trendless. Post budget, market participants will watch political events such as unity of opposition parties, Ram Temple issue etc., which will have strong impact on formation of the next govt.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.