Nifty Blog by CA. Sachin Aggarwal

Dated :- 31.12. 2017                                 NIFTY SPOT : 10530.70

                                                                                                         

Hi readers,

First of all.

Happy New Year to all.

May God fulfill all your wishes and keep Showering his blessing.

Nifty is still hovering at and around 10500.

Which was expected also. Because in any case much upside was not expected in the previous week.

That was why we mentioned to stay away and watch from sidelines.

Now What :-

View is still the same for the coming week also.

In the coming week it is expected that Nifty will be more choppy and all over the place.

On the higher side 10618 is strong resistance and on the down side 10414 is support for the coming week.

Important thing I would like to highlight here, is that, the key for further  movement from here will be dominated with Bank Nifty. Where Nifty has made a new high but still Bank Nifty is around 400 points away from the previous high.

And Bank Nifty chart is moving a in a range for last 2 months on daily charts.

With that it has made a Cup With Handle pattern and gave the breakout of that and after that failed that breakout.

And still consolidating in a range.

Giving indications that it is getting itself ready for a directional move in one side in probably first half of January. Keep watching.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly     --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------