Thursday, 6 August 2015

Dated :- 06. 08. 2015

                                                                    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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