Nifty Blog by CA. Sachin Aggarwal

Dated :- 17.03. 2019                                 NIFTY SPOT : 11426.85

                                                                                                         

Hi readers,

Nifty moved up nonstop and made a high of 11487 and closed at 11426.

Although we expected a sharp and decent move in Nifty in the month of march on either side. And it is very rare that we miss any trade but this time the risk reward ratio was high thus we preferred to step aside and Nifty was in no mood to give any re-entry point.

Now What :-

The breakout is strong and the only trade available in town is to buy on dips.

Wait for the dip to come and look for buying possibilities in Nifty after dip.

Any dip of 150-200 points might give opportunity to buy.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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