Saturday, February 28, 2015

Nifty and BankNifty Updates

Friends I am not update my blog for long time. Today is a special trading session as our Mr.Finance Minister is going to table the long waited budget. Yesterday We see Nifty jump to 8900 from its day low with a strong gain of more then 160 points. It is a pre-budget rally. What we expect from today's trading session.

WATCH THESE LEVELS
8982 >>> 8937 >>> 8920 >>> 8847

Nifty future likely open between 8914 >>> 8920. The trading session is HIGHLY FLAT and in a close range 8937 >>> 8914.

If this Happens !!!!!!!!!!!

Mr.Finance Minister announce any positive move toward MAKE INDIA that please the street then ....
   Long above 8982 stoploss 8937 for a target of 8998 >>> 9020 >>> 9052 >>> ???

On other hand if this Happens ????????

Mr.Finance Minister does not table a budget what the street expect then ...

    Short 8847 stoploss 8920 for a target of 8819 >>> 8791 >>> 8756 >>> 8727.

Have a nice trading day 

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