Regardless of where the markets close, budget days tend to be extremely volatile.
In this video, Abid, co-founder of @Sensibull explains:
How the markets have performed historically on budget days and the volatility they exhibit
How to manage our risk
The right type of strategies to trade
And more…
What is your strategy for tomorrow, TradingQ&A traders? We would love to hear your thoughts as well
Here’s how Sensex has fared leading up to the budget and after the budget over one month period.
On budget day markets are usually volatile and there’s no clear pattern in which direction the markets will trend. Since 2010, we have seen the same number of gaining and losing days.
The budget that will be presented tomorrow is an interim or a temporary budget due to upcoming general elections. A look at how markets have fared on the day of the interim budget.
