FRIDAY CLOSING 7029
FRIDAY DAY LOW 6985.10
Obviously, Government events can be your Friend or Foe.
Tomorrow, 29 February 2016 Finance Minister is going to present his second budget. Expectations, rumours are running both high and dry.
Anything and everything can be getting announced, tweaked, and twisted around to suit both masses and classes. That we will know all by tomorrow afternoon.
We the traders are interested in trading levels. Therefore, keep eye on 6950 Spot Levels, below that expect 6690; however, do not do anything until 10:30am.
Bullish keeps 6950 their final Stop Loss
Bearish look to short Sell below 6950

First Support Broken now bounce came also.
Short Sell NIFTY MARCH at CMP 7125
Hold Positions and wait for SL & TGT Levels.
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INTRDAY running basis Profit of 130pts,
CMP 6995
If want then one can close positions.
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Fresh Call:
Short Sell NIFTY March at CMP 7210
SL 7250
TGT 7100 AROUND
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