Budget Quote: Mr. Vishal B Malkan, Founder, MalkansView and Technical Analyst, Trading Expert

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By Vivek K. Mobile: 09920183006 Email: indianshowbusiness@gmail.com

Vishal B Malkan (Founder of MalkansView, Technical Analyst, Trading Expert, Author – “#CASHTAGS – Stock Trading Simplified”)

Nifty found it difficult to cross the psychological level of 11000 on closing basis in today’s trading session. This is in spite of the Vote on Account event, which saw Nifty back into the range of 11000-10600. Indeed a tough time for traders to make money in this short range movement. Clear view can only be given once markets move beyond this range, which is 11000 on the upside and 10600 on the downside. Even though Nifty is sideways, one can spot plenty of trading opportunities in individual stocks – especially those from the auto sector such as Tata Motors, Hero Moto Corp and Maruti.

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