NIFTY SPOT : 7795.75
Hi,
Readers,
This is the power of technical analysis. Nifty moved exactly as was
mentioned in my previous blog dated July 20, 2014.
It was clearly mentioned that, above 7580 Nifty will trade with
bullish bias and the strength has the power to cross 7808 (i.e.) previous high.
Nifty did actually moved as was mentioned in the blog and
crossed previous high and made a new high of 7809.2.
It is all God’s Grace and love of all of you.
Readers of the blog would have made profits.
Now what :-
Now it is the time to book profits.
Now, Nifty may face resistance at various levels. Time and levels
are not far when Nifty will get exhausted and will be inclined to correct. And
that correction can be very painful for bulls.
Expiry is also near, thus expect volatile moves in Nifty.
Trade accordingly.
No comments:
Post a Comment