- nifty closing was 1% in positive
- last few weeks, nifty is extremely rangebound
- support 10500 resistance 11000
- nifty likely forming right shoulder of H&S
- may take another 2-3 months to reach 10000
- budget was a complete non event (like all previous years)
- now elections is the big uncertainty
- I am mentally set for a coalition govt (best for India)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLBCuYD0RX_V7Ax1cr9uShQVPzVkxcjQY4-aoNgw6kjVWvdb3aGKe-qxtaPHDepw1fdaSvR77lPGz0tb4GBAjwMzVr-OsGHO-RJyRfl_JavJ49UMNYvU_fbZ798Hwix4GdAHNNAA_QpvgC/s640/a.png)
- last few weeks, nifty is extremely rangebound
- support 10500 resistance 11000
- nifty likely forming right shoulder of H&S
- may take another 2-3 months to reach 10000
- budget was a complete non event (like all previous years)
- now elections is the big uncertainty
- I am mentally set for a coalition govt (best for India)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLBCuYD0RX_V7Ax1cr9uShQVPzVkxcjQY4-aoNgw6kjVWvdb3aGKe-qxtaPHDepw1fdaSvR77lPGz0tb4GBAjwMzVr-OsGHO-RJyRfl_JavJ49UMNYvU_fbZ798Hwix4GdAHNNAA_QpvgC/s640/a.png)
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