Nifty sustenance levels for the week:
17970 - High of Budget day
18020 - Breakout level of Falling wedge
Sustenance above these levels, will eventually take the nifty to new highs of about 20,000
PS - Also a fall before the final breakout @ 18020, cannot be ruled out.
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
17970 - High of Budget day
18020 - Breakout level of Falling wedge
Sustenance above these levels, will eventually take the nifty to new highs of about 20,000
PS - Also a fall before the final breakout @ 18020, cannot be ruled out.
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.