
#Budget2021 and the month ahead for #Nifty
January remained a dull show with move to both sides and expiring pbelow the point where it started. #Budget2021 is on Monday. Activity in futures is at its lowest. It might be profit booking before next leg of rally to either side. Either way, smart money wants to book profit and sit at sidelines before budget. It can be seen from the cumulative OI on Nifty futures. Three times, we have seen such low activity in Futures and everytime we bounced back. This is all long unwin