Frankly speaking, never expected Nifty Feb to expire below 5825 levels, after the strong global cues from yesterday. Even till the dying moments, I was expecting an bounce above 5800. But, as my twitter friend (@ap_pune) says “Expect the unexpected” so, that was that … Nifty died today, Long Live the Nifty!!!
Budget was absolutely uneventful but, very much politically inclined for the upcoming elections. I’m still unable to understand the women’s bank concept? Glad that an PSU is not launched (using taxpayer’s money) to be solely run by particular caste/tribe/minority. I would like to see GOI FM once to present an budget to manage an single hard-working middle class family house-hold, let him forget the bigger cause of the country.
Anyway, below is Nifty Daily Chart, expecting an bounce from 5650 levels …
No comments:
Post a Comment