Sunday, 22 October 2017

Nifty Blog by CA. Sachin Aggarwal


Dated :- 22.10. 2017                                 NIFTY SPOT : 10146.55
                                                                                                         
Hi readers,

I hope everybody would have enjoyed DIWALI and celebrated it full happiness.
I pray to GOD that he keeps showering all his blessing on you.

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

Nifty has shown strength and made a new all time high of 10251 and then on DIWALI day it came down and closed at 10146.

Now What :-

View is still the same.
Till it is above 10060 Nifty is expected to be in buy zone and keep buying the dips.
Also till the time it is above 10120, Nifty will be considered to be in a buy comfort zone.

For the coming week till it is above 10060 the structure of Nifty is to keep buying the dips.
Below 10060 just close the long positions and step aside.
Whenever Nifty is above 10120 it is in a buy comfort zone.

Trade accordingly.

 Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.


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