NIFTY Daily Chart Technical Analysis:
NIFTY had a soaring day. It defied what the indicators were saying yesterday, but I would still not consider that the market is out of the woods.
It stopped at its diagonal resistance today after a lower volume high jump. Emotions are flying in the air after the budget, so the market is showing volatility. By the end of this week the emotions should settle down and NIFTY should show a definite direction.
NIFTY Daily Chart Technical Analysis
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