ashishchauhan

Nifty What's Next??

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

$~ac~$
Ashish Chauhan,

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