With budget coming closer, market is witnessing volatile trading sessions. We feel Nifty shall observe a narrow trading range from 4780 to 4950 in the days prior to budget.
A very negative reaction to the budget can drag the nifty to 4538 and 4478.
Key support below 4780 will be 4716 and 4675.
Key resistance shall be 4930, 5024 and 5067.
Happy Trading !!!
