Weekly post on Indian Market for the week January 30 2017 to February 3 2017

With the breakout in the previous week, the new resistances for the Nifty are at 8688 and 8764 and the supports are now at 8562, 8459, 8397 and 8191.

We advise caution as there can be nervous jitters in the market with all eyes riveted to the General Annual Budget of the Government of India on February 2 2017 which might or might not beat the expectations of the Financial fraternity. All you have to do is follow by e mail by submitting in the right hand side box below the clock, we offer free advice to those who subscribe to this post both for short-term trading as well as mid term investing. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.