Dated :- 06.11. 2016 NIFTY SPOT : 8433.75
Hi readers,
Here is the big candle
as was mentioned by me in my previous blog on last Sunday.
That I was expecting
big red candle and when we expect it to come down the big red candle is here.
The candle is of around 250 points in Nifty. It is a good fall in one week.
Nifty has hit all the
targets.
This is the power of
technical analysis.
It is all GOD'S grace.
Now what -
Now we have the U.S. elections
in coming week.
Thus it is better to
be at the sidelines and wait the election results.
Strategy is to stay on
the sidelines and watch the U.S. election results.
Because it is expected
that U.S. elections may keep the markets highly volatile. And we do not want
our profits to be eaten up by abrupt volatility.
Keep reading the blog
for the move in Nifty as and when it happens.
Note - ALL THE LEVELS ARE
OF NIFTY SPOT ALWAYS.
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