This week will be a event as there will be Budget. So what is coming next week in the Nifty. We think in Nifty we can see some consolidation for 1-2 days in starting of week. Then there can be a good move on the budget day. We still believe that Nifty is in Bull phase and we can see some more higher levels after consolidation. We had marked 4 levels on higher side for up movement which will act as resistance for nifty with +-5 point range and two levels on downside which can become support for nifty on any downfall with +-5 point range. Upside levels for nifty if goes above 8680 are 8750/8823/8894/8944 Downside levels if unable to cross 8680 are 8600/8547
Note
Friends don't worry about budget we had given both levels, downside and upside. Trade on the side where it moves with proper levels.
Note
Nifty below 8600 done 8555....are you following the levels???
Trade with Realtime Automatic Trading Signals. For Breakout Intraday Stocks follow me @ twitter.com/passion8tradr For Algo/Automatic trading Contact/Whatsapp @ +91-7895286939 or connect on Telegram- t.me/ashish_pt
Also on:
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.