Sunday 6 November 2016


 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.



No comments:

Post a Comment