27 February 2015

NIFTY OUTLOOK FOR TOMORROW 28-FEB-2015

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Volatility was witnessed there in the market today. Bulls are back on the driver’s seat. bulls took the nifty above the 8800 level. Nifty has started at 8729 made a high of 8856 and low of 8717 and closed at 8844, total 139 points was moved by nifty throughout the day.
Tomorrow we are expecting high volatility in the market due to budget announcement which will be held tomorrow 28 Feb 2015.Market is going to witness a big trading day tomorrow due to announcement of union budget 2015. A volatile trading session may be witnessed throughout the day. Accepting the good union budget nifty may cross 9000 and seen trading above 9000 tomorrow or else nifty may crash down to the level of 8700.
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RESISTANCE: 8900, 8950, 9000
SUPPORT:  8900, 8850, 8800

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