NIFTY SPOT : 8833.60
Hi,
Readers,
Nifty stayed
within the range as expected and as was mentioned in my previous blog and
closed at 8833.
Now what :-
As we have budget
in this extended week and we have expiry also thus expect the volatility to be
very high. Readers are advised to take utmost care and caution in there trading
and follow the rules strictly.
Nifty is expected
to be range bound and the broader range is 8600 to 8950. Now after a day or two
the move on Nifty for the rest of the week will be taken over by news and
expectations from budget. Breakout on either side of the range together will
follow up will open further levels in the respective direction.
Trade
accordingly.
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