Market trends after #Budget…… Must read!!

(While updating Nifty Fut trading around 11090)

Everyone is talking about budget… After budget will the market go up or down??

Let’s see technical chart & about news!!

If the market goes down too much, there will be only one message

LTCG (Long Term Capital Gains) Tax will be introduce!!

Technically….. Nifty Future is consider strong support around 10985

Bulls…. Your’s all longs keep stop-loss of 10985. Below the level

Finding next supports 10775 & 10660……. and 10400

If introduce with high tax in LTCG……….We see 10050 also!!

Suppose no matter in budget (normal budget)…….. Nifty Future will go & test 11200 & 11400

But higher levels likes 11200-11400……. Profit booking will come

Advice to all kind of traders… Trade low quantity & with keep proper stop-losses!!

Small investors……. Better to stay away!! & trade after clear trends!!

It is better to look out from the out side in the volatility market

Money can be earned anytime in market but now not a good time

Updated : 02.41 PM / 30th Jan 2018

SEBI Regd Investment Adviser : INA200009564