Nifty trading strategy Budget week

Bears kept ruling the Dalal Street for 4 week in row as Sensex and Nifty closed at 2013 low, with Nifty closing with cut of 0.6%, .Next week stocks will sway as per FM talks as he will present the most waited event the Union Budget on 28 Feb Railway Budget of 26 and Economic Survey on 27 will be tabled in parliament.  To add spice to trading its the expiry week also, So Bumper Dhamkha and rise in volatility will be seen.  As per Last week Analysis Nifty moved above Weekly trend deciding level of 5915 makes the exact high at 5970 which is first resistance turned back and went till support 2 of 5830

Lets discuss Nifty Trading Strategy for Next week.

 Nifty Hourly Chart

Nifty is trading below....

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