Have markets factored in too much negativity?....Thats the consensus on the street! The Rail Budget was a blip on the radar and it will be interesting to see whether History repeats itself today.
Keep a close watch on 15300 on Sensex ....4500 on Nifty. The bottom made in Oct 2009 serves as the most important support.
Ideally today should be a no trading day despite the expected volatility. The budget cannot be analysed in the live markets and its better if one doesn't try to attempt such a feat.
Have a slient trading day,
Regards,
Rahul T.
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