Sunday 10 July 2016


 Dated :- 10.07. 2016                                 NIFTY SPOT : 8323.20

Kudos again,

Nifty closed this week  almost at the same level of the last week. Last week it was closed at 8328 and this week it has closed at 8323.

Nothing kind of the week it was. Nifty moved in a small range in all days of the week.

That was why I mentioned in my previous blog that wait and watch the movement of Nifty for the week.

Now What :-

Now in the coming week still there is no clarity on the charts.

For the coming week I would like to caution the readers that I still do not want to buy Nifty other that for intraday trades.

Below 8280 there is a probability of a sell trade and lower levels of 8200 and 8150 and further lower are possible.

Wait for the clarity to come this week.

Note :- All levels are Nifty spot levels.




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