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01 February, 2017

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8605 (Intraday Traders)
-NF Trend Changer Level 8620 (Positional Traders)
-Finance Minister Arun Jaitley is scheduled to present the Union Budget 2017-18 today, 1 February 2017. For the first time, Railway Budget will be announced along with the Union Budget.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 24.50 points at the opening bell.
-we have budget tomorrow Breakout above 8675 for a move towards 8710/8775/8820. Bearish below 8550 for a move till 8480/8410. Range of Budget can be in between 8410-8710.

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Nifty Level future
Up ↑
8610
8660
8710
Down ↓
8530
8480
8410


Action  
  SL
TGT
Buy above
8615
8550
8725
Sell below  
8525
8575
8425

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