BUDGET - BULLION -USD/INR & NIFTY
INDIAN Common Budget will give fresh direction to USD/INR, expected to remain strong. Create position accordingly. Major Support at 45.90 and resistance at 47.20. Gold will be trading on INR move and major policy change in Import duty. NIFTY have strong support at 4770 then 4650. Major resistance is seen at 4930 & 5050.
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