Markets open with a strong note trading up by more than 50 points; Union Budget, F&O expiry eyed
On account of strong global cues, Indian markets witnessed a strong positive start on one of the big days for Capital Markets.
Markets are awaiting the Union Budget 2013 which will be presented by honorable Finance Minister, Mr. P. Chidambaram.
We continue our cautious bias and advise traders to trade with strict stop losses as lot of volatility can be expected on account of Budget.
As per our earlier posts,
Levels to watch out now :
Supports - 5740/30 - 5660/50 - 5570/45
Resistance - 5880 - 5920 - 5970
Happy Budget Day to all of you.....
Happy Trading and Money making
Cheers
On account of strong global cues, Indian markets witnessed a strong positive start on one of the big days for Capital Markets.
Markets are awaiting the Union Budget 2013 which will be presented by honorable Finance Minister, Mr. P. Chidambaram.
We continue our cautious bias and advise traders to trade with strict stop losses as lot of volatility can be expected on account of Budget.
As per our earlier posts,
Levels to watch out now :
Supports - 5740/30 - 5660/50 - 5570/45
Resistance - 5880 - 5920 - 5970
Happy Budget Day to all of you.....
Happy Trading and Money making
Cheers
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