Nifty 50, Bank Nifty: Budget Day Trading Strategies and Key Levels
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Moneycontrol•01-02-2026, 03:49
Nifty 50, Bank Nifty: Budget Day Trading Strategies and Key Levels
- •Nifty 50 snapped a three-day winning streak, trading cautiously ahead of Budget Day, with experts expecting a 24,900–25,500 range.
- •Sustaining above 25,500 could lead Nifty to 25,700, while a break below 24,900 could strengthen bears.
- •Bank Nifty needs to decisively break and sustain above 60,000 for an uptrend; otherwise, consolidation is expected with support at 59,100–58,800.
- •Experts Osho Krishan, Rajesh Palviya, and Anshul Jain provide detailed Nifty and Bank Nifty outlooks, strategies, and key support/resistance levels.
- •Heightened volatility is expected on Budget Day, with a definitive breakout from current ranges setting the trend for the upcoming period.
Why It Matters: Nifty and Bank Nifty face critical resistance levels on Budget Day; experts advise cautious trading strategies.
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