Dated :- 02.04. 2017                                 NIFTY SPOT : 9173.75

 Hi readers,

Nifty has moved exactly as was mentioned in my previous blog.

It was clearly mentioned that Nifty wants to spend some time here. And look at Nifty it is actually spending some time here.

It was also mentioned that for swing traders Nifty is in a no trade zone.

Nifty has made a low of 9024 and made a high of 9191 in the previous week and closed at 9173.

Now what -

Now the view is still same.

On the up side till 9245 is not crossed I am not interested in buying.

If Nifty breaks and stays above 9245 then only it will be considered to be bullish.

Readers should note that till now the important level on the upside was 9218 and now that level of 9218 has shifted upwards to 9245.

Another important point I would like to highlight here to the readers is that Nifty is making an important pattern where in it is making small range candles for the last four days and the size of the candles is small on a daily basis.

It is giving sense/indication that in the coming week Nifty will be willing to take a move. When I analyse it with indicators it indicates that in the coming week Nifty will have full body candle/big candle on either side.

Thus be ready to that.

Now how to play that -

One thing is sure that keep 9245 to be important level for yourself as a trend decider level.

Below it do not try to buy and above it do not try to sell.

I would say that to me there is more probability for Nifty making red candle in the coming week.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.