Nifty Future :

Today’s market movement is based on very important event of Union Budget presentation.. Therefore writing levels is hazardous to trading capital.. Still I neck out and give broader trading range as below:

If Market perceives Union Budget is good, then it could move to 9110  and crossing 9165, possibility of further upside to 9260.

If Market perceives otherwise, then it could even fall  around 8575.

Its advised better to stay away from this volatility and react to market in next working session after reading the fine print of Budget.

Trading in this volatility requires steel of nerves else will be left in the dust.

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

Disclaimer:

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