STOCK MARKET VIEW BY SACHIN AGGARWAL

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.

No comments:

Post a Comment

Disclaimer:

The views on Nifty and Stocks and calls made herein are personal views of the author of the blog and are for information, knowledge and educational purpose only and not for commercial purpose in any way. Views expressed in the blog are for information and for education only and it may or may not hold good. These views or calls made on the blog are not recommendations to anybody to buy or sell any index or securities. The above views and calls are based on technical analysis. While due care has been taken while expressing these views and calls, the author of the blog, is not responsible for any liability of any sort arising from the use of this blog. Readers of this column and those who buy or sell index or securities based on information in this blog are solely responsible themselves for their actions. The author may have positions in any of the index or stocks mentioned in this column. Readers of the blog are advised that before trading or doing investment in markets please take advise from your financial expert/consultant. Usage of this blog information confirms that user has read this disclaimer.