Sunday, 22 February 2015

Dated :- 22. 02. 2015

                                                                     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.






No comments:

Post a Comment