Nifty Blog by CA. Sachin Aggarwal

Dated :- 18.03. 2018                                 NIFTY SPOT : 10195.15

                                                                                                         

Hi readers,

Nifty moved exactly as was mentioned in my previous blog.

It was clearly mentioned that Nifty has given breakdown of multiple patterns and till it is below 10615 it is sell on rise and lower targets expected are 9800 and below.

Same happened Nifty gave a rise and made a high of 10478 and then fell hard and closed at 10195.

Now What :-

Now the view is still the same Nifty is expected to move further lower in coming days.

Till the Nifty does not do anything which gives any justification of even a smallest of buy it is in a sell zone and sell mode only.

Expect more lower levels.

Trade Accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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