NIFTY SPOT : 8588.25
Hi,
Readers,
Nifty moved
exactly as was mentioned in my previous blog.
It was
mentioned that 8570 – 8630 is the level where complete profits should be booked
and step aside. Nifty made a high of 8617 and
closed at 8588.
One should not
be too much greedy.
Although Bank
Nifty and PSU banks have given fresh breakouts on the chart but even then
booking complete profits and stepping aside is safe and better strategy.
Wait and watch
Nifty from the sidelines. Let the euphoria to settle down and wait for the next
clear movement of Nifty which will be updated as & when it happens.
Enjoy the
profits.
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