Event of the Financial Budget is round the corner. Let's check out the Technical Probabilities as of now.
The Trend in Larger Time Frame is firmly up.
7840-60 may be immediate Resistance zone in the Short term. Close below last session low of 7660 may be a bearish signal trading this week.
Close above the resistance zone and follow up of it may lead to Target of apprx 8100 and above
Break of Lower Trendline and 20 dma may confirm Positional Bearish bias in short term.
Technical Watch :
A Bullish Pattern of Inverted Head & Shoulders had achieved it's target at 7700 earlier.