Bajrangi-Bhaijaan

Irrespective of how the budget is, Markets to crash tomorrow!

Short
NSE:NIFTY   Nifty 50 Index
While the medium to Long Term outlook for the market continues to remain bullish, on the Budget Day tomorrow, irrespective of the announcements, bulls look unlikely to bounce back & in fact the bears could strengthen their grip & may suceed in dragging the markets down for the short term. The above is to be considered as a broad view on the market only- since some stocks are bound to react positively to some stock specific announcements. With positive indicators in form of GST Collection & the SGX Nifty closing marginally higher, Indian markets could well open in the Green. However technicals do suggest that by End of the Day, it won't be a surprise to see the Indices turn in the Red. Metal Stocks in particular could come under Selling pressure by the End of the Day. For stock specific idea on the short side tomorrow, do like my ideas & follow my user id- in that case will be conveying specific entry & exit points via the message option on this forum- Thx
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