Markets had a flat trading day yet again.Nifty closed at 2807 ,almost the same as thursdays close.Sensex closed at 8966 losing 35 points.We should see this consolidation continue next week.This consolidation period is a part of the large next coming upmove.Once this consolidation is complete markets should start moving up again.Next week we have a time cycle date on March 26th which also coincides with the March F&O expiry.I would assume we should move up from this time cycle date +/- 1-2 days.Nifty is bullish above 2836 and bearish below 2750.Traders can wait for the breakout and then take positions.If it breaks on upside that is above 2836 then nifty is headed for 2950-2970.Watch out for the levels.
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