BUDGET BLUES

Markets zipped on opening on global cues & then forged ahead on very low volumes to correct at EOD..Where next..Let the budget tell & set the course for next 2 days or so..Till then all the guys who are flat or w/o any positions ..enjoy the VALENTINES DAY.. forget markets -levels -technicals..Enjoy the weekend..cheers..

ZONE PLAY

Seems Nifty plans to remain in the range of 2880-2920 around to wait out the EVENT of interim budget on Monday..Can there be some good news for capital markets which may just give some boost to 2960-2990-3040 zone..maybe ..Failing which as we are a TAD overbought , the journey south may start..Trade low/intraday ,avoid stock longs for delivery..cheers..