Nifty Blog by CA. Sachin Aggarwal

Dated :- 12.08. 2019                                 NIFTY SPOT : 11109.60

                                                                                                         

Hi readers,

First of all "Happy Independence Day" in Advance

Ultimately Nifty gave a rebound which was awaited by charts as they were deeply oversold.

Nifty made a high of 11181 and closed at 11109 on news that Govt. might give some relaxation on FPI taxation issue.

Now What:-

Since the news are floating around and also this week is truncated week due to today's holiday and August 15th holiday.

Only three working days week.

Volatile moves are expected.

Thus it is always better to stay aside in these news flow and truncated week environment.

Just stay in Holiday mood and enjoy the Independence day with full dedication and involvement.

Trade accordingly.

Note - ALL THE LEVELS OF NIFTY ARE of SPOT ALWAYS.

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