Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Good Morning All
RESISTANCE NEAR 14634/14685 AND SUPPORT ZONE AT 14550/14430

Above 14611 Targets 14634/14660/14695/14720

BELOW 14580 THEN WE MAY SEE 14552/14530/14490/14460

BANK NIFTY RANGE WE MAY SEE 32761-31684 MAJOR SUPPORT AT 32057 BUY IS ADVISABLE AND RESISTANCE 32428
Below 14430 daily closure v are bearish for sometime
Good Morning All🙏🙏
Nifty Range for the week 14120 to 14600
If 14000 level taken 600 to 650 falls is there forsure
RELIANCE : 2123 can remain resistance, if that's taken out 2220 ll be strong n huge supply or Reversal zone
MARUTI positional Buy @7325 , SL 7210 , Target 7500, 7650++
R:R - 1:3
Maruti looks good for buying
Maruti is still a buy at 7275 now
Key things to watch in budget session Today.

1.Hike or no hike in STT

2. Taxes of cigarettes and alcohol

3. Tax for super rich

4. Any Covid cess for corporates

5. Any vehicle scrappage scheme or not

6. Any reduction in personal tax

7. LTCG tax

These 7 are major things that can discomfort market...
Good Morning All🙏
Spirit Company's can go up post budget
FDI in insurance hiked to 74% positive for HDFC life, SBI life and Max Life .and All r up as of now
Tomorrow Bank Nifty levels :33345 to 33460 is a Major Supply zone, we can plan for Put options.
Closing above 33460 will be again bullish , which is unlikey to happen.
Good Morning All
Risky players can take Nifty puts