Nifty is breaking out of a cup and handle...pattern...tgt marked on the chart....
Secondly its broken or breaking the downtrend line...so these two points point to a uptrend..Also the budget is on 1st feb...another favorable factor..so Buy
Secondly its broken or breaking the downtrend line...so these two points point to a uptrend..Also the budget is on 1st feb...another favorable factor..so Buy