Will the stock markets' relief rally last?

The initial reaction to the Budget was violent. The Niftycrashed to a new 21-month low of 6,825 while the Finance Minister was speaking. Then it bounced back quite sharply. However, after spending a brief while in the green, it slid into losing territory again. As always, the Budget Day saw high participation and strong volumes. Indian stock market astrology prediction

The movement is consistent with the bearish major trend remaining in force. The new low indicates that quite clearly. However, there could be a relief rally since expectations were muted and there was selling going into the Budget. Himanshu Tiwari Astrologer Blog

Relief rallies in bear markets can be quite sharp. The  key support zone is 6,825-6,875, while the key zone of resistance would be 7,200-7,250. Breakouts beyond these zones could trigger an immediate move of up to 3-5 per cent - Commodity Market Astrology Tips

The broader market trend also indicates that the overall reception to the Budget was somewhat bearish. Declines outnumbered advances, which is usually indicative of retail selling - not surprising given the impact of the new impost of dividend tax. Personal Numerology