Market View: 23-27 Feb 2015

Filed in Market Update by on February 23, 2015 0 Comments
Week Market View: 23-27 Feb 2015
Market This Week Last week the NIFTY consolidated with volatility being at its peak. The support and resistance levels of 8600 and 9000 respectively were intact. This week the budget would be announced and also the February derivative would expire. There are huge expectations from the budget and the markets would take their next clue from here on. The markets can move in any direction post the budget. Hence the current week would be volatile and therefore we must just wait and watch. The support and resistance levels mentioned above remain true for the current week and any trigger below the support or above the resistance would confirm the trend in that direction. Nothing to worry for the disciplined investor. All the best!

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