I had taken shorts on thursday's closing, however it was a bad trade, and it went on to hit the SL due to huge recoevry tht we saw in dow during thursday's closing.
so as of now, i dont have any positional view.
however for intraday, 2925 will be important, breaking which, we may see 2906-2894.
if nifty holds 2925, we will see 2949-2962-2985 for intraday.
trade less due to budget news flow, and book small intra porifts.
also another closing above 2925 may take nifty to 3050, but as its really risky, i would suggest strict intraday trades for the time being.
(EOD chart attached, All Future Levels)
