Dated :- 11.06. 2017                                 NIFTY SPOT : 9668.25

                                                                                                         

Hi readers,

Nifty is standing and is forcibly held at and around 9600 to 9650 levels.

My view remains the same i.e. to bring money home.

Now What :-

Now at this point of time when Nifty has managed to stay at around 9650 levels it is moving in a very small range for last 9 trading sessions.

On the downside 9629 is important level for the coming week, below which Nifty will not be having much strength and we can say that the weak zone starts below 9629. And below 9598 more downside opens. 

And specifically for the coming week if Nifty moves and stays above 9689 it might try to touch 9750 to 9770. Because the way Nifty is spending time here at 9650, if it spends a day or two more in this small range than touching 9750 around levels is not ruled out.

Trade Accordingly.

 Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.