Nifty What's Next??

NSE:NIFTY   Nifty 50 Index
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
Friends don't worry about budget we had given both levels, downside and upside. Trade on the side where it moves with proper levels.
Nifty below 8600 done 8555....are you following the levels???
See how nifty also respected the level...

Ashish Chauhan,

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