After losing more than 3% last month, we begin February 2021 with the Union Budget presentation.
The correction/downslide which started from the All Time High levels is still in its infancy - we are no track for even lower levels going forward into February.
For today, expect the markets to break 46160/13600.The targets for February will be closer to 43656/12860.
The market outlook will change for the positive only with a close above 47317/13938 - traders can aggressively short the NIFTY with a SL at this level.
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