Market are run by consumer. If there is no demand there will be no supply. Demand happens when salaried employees have some surplus. The decision to keep a 12 lakh no tax limit is best for banks as reason being people will have more money to repay the loans they have defaulted. People will be ready to borrow some money and try there own business in small scale as...
Expecting nifty50 to reach 23630 and then reverse sharply from there as FII will not stop selling for next 1 week atleast.
My prediction,Nifty 50 will be wither side ways or upward but will no close below 23170. Retail investor who are buying put option this week be really careful.
Important support resistance levels for nifty50 in orange in the bar. This budget the 3rd june 21218.45 level looks crucial and further fall there are high possibility of reaching 20194.10. Any upside should be carefully entered as chances of downfall is higher.
IRCTC price looks attractive and at support zone to push minimum 100 points up