Sunday 5 June 2016

 Dated :- 05.06. 2016                                 NIFTY SPOT : 8220.80

Hi,
Readers,


Nifty moved exactly as was mentioned by me in my previous blog dated May 29, 2016.

It was clearly mentioned that Nifty will face heavy resistance between 8250 to 8350.
Same happened Nifty faced resistance between that level.
Nifty made a high of 8264 in the week and closed at 8220.

Now What :-

Now the view is same that Nifty is expected to face resistance between 8250 to 8350. I expect Nifty to face resistance around and within this zone.

We have all important RBI policy also this week that, is big market moving event.
Let RBI policy decide the future move of Nifty.

Trade Accordingly.











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