Dated :- 15. 02. 2015

                                                                  NIFTY SPOT : 8805.50

Hi,

Readers,

Nifty moved perfectly as predicted and as expected. It was clearly mentioned in my previous blog dated Feb 08, 2015 that book full profits around 8530 or latest by Tuesday. Because these are the levels from where rebound can come anytime. Same happened Nifty made a low of 8470 on Tuesday morning and rebounded from there.

Hope readers would have enjoyed.

Now What :-

Nifty as per charts Nifty now seems to be in the range between 8950 to 8580.

Till now one should play Nifty keeping this range in view.

Nifty gave  weekly close at 8805 however if Nifty would have given weekly close above 8840 clear bullish view would have emerged. But that view can not be made since Nifty has given close at 8805 short of 8840.

Play accordingly with low volumes.