Nifty Blog by CA. Sachin Aggarwal

Dated :- 16.09. 2018                                 NIFTY SPOT : 11515.20

                                                                                                         

Hi readers,

Nifty was all over the place in the previous week it was complete volatility.

Nifty made a low of 11250 and then made a high of 11523 and then closed at 11515.

Now What :-

In the current week also it is expected that nifty will like to move in a range with negative bias.

The range for the coming week is expected to be 11589 to 11350.

In the coming week during the day I would like to look for small selling possibilities on rise for small profits.

The "V" shaped rally is not likely to sustain.

Thus it is expected that Nifty will spend some time in the range.

Kabhi up Kabhi down move is expected.

Trade accordingly and trade for short profits.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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