Market will remain volatile ahead of Union Budget: Devang Shah

Short term outlook for the market remains positive till Nifty trades above 8,416, says Devang Shah

NIFTY
CLOSE- 8641.25 (27.01.17)
 
Nifty closed weekly in positive territory. It sharply bounced back from lower levels & managed to hold above medium term reversal levels at the end of weekly trading session beyond anticipation. It made a low of 8,327 levels. It has surpassed & closed above last weekly negative close high of around 8462 levels & confirmed short term trend reversal during week. All the other indices also closed weekly in positive territory. One should expect BULLS party to rock further for higher levels targets in short to medium term.
 
As I was anticipating medium term