Nifty Blog by CA. Sachin Aggarwal

Dated :- 17.02. 2019                                 NIFTY SPOT : 10724.40

                                                                                                         

Hi readers,

Nifty moved exactly as was mentioned in my previous blog.

Nifty fell down and fell hard.

It was all in the charts.

Nifty never looked back once it started falling.

All five days were red candles means daily Nifty was falling.

Nifty made a low of 10620 hit all our targets and even went further below that and closed at 10724.

Readers would have enjoyed the profits and the fall in Nifty.

Now What :-

Now as the profits were fast and good it is always prudent o book full profits and step aside.

I will be watching the current weeks movement, although still Nifty is sell on rise.

But still I will like to see the rise to what extent it comes and whether it actually comes or not.

Strategy is to book full profits and just stay aside and watch Nifty for the coming week.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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