Don't Short Nifty tomorrow! Renko charts says so!

Pre & Post Budget movements are most rewarding if captured correctly. Since the last two budgets, we are seeing a sharp fall post budget. This time it seems, this may not repeat. Renko charts says so! The market may either continue its upward journey or may trade in a narrow range. So I will either suggest going long on NIFTY or just SELL PUT options of Nifty with a strike price of 11900 of 11th, 18th or 25th expiry!

Trade chiuso manualmente:

Wrong assessment! No reduction in corporate tax in today's budget spoiled the buyer's mood!