Nifty View on Budget Day.

 7067-7159 is a distant reality now.  I suspect even 6954 spot. Market hovering in the crucial support zone. If breaks 6954 spot tomorrow, then, expect another round of selling only after a bounce back. Market closed above another major trend line support 6954 spot.
If fails to move past 7067-7159 in during budget session or till Friday, then, expect another round of selling. If goes down in the morning session tomorrow, then, participate in  short positions below 6642-6627 levels because Market will enter the deep oversold zone. If you witness a sharp recovery, Buy Nifty.
Stop loss for shorts: 7159 spot. Stop loss for longs 6954 spot.