NIFTY SPOT : 8588.65
Hi,
Readers,
I am still of
the view that till Nifty is below 8730 weekly closing basis it is sell on rise.
And may be time is coming when Nifty will resume it downtrend again. Nifty is
moving in a way which is depicting top formation.
I am again
saying that it is only above 8730 weekly closing basis that I will start
thinking that Nifty may well be changing its trend to up side again. Till then
my view is same as I have been mentioning continuously in my earlier blogs.
Trade
accordingly.
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