Nifty Blog by CA. Sachin Aggarwal

Dated :- 28.10. 2019                                 NIFTY SPOT : 11627.15

                                                                                                         

Hi readers,

Nifty consolidated as was and mentioned in my previous blog Dated 21.10.2019.

It was making up and down movements and closed at 11627.

Now What :-

Nifty has made doji on weekly charts.

In the coming week after good consolidation of 6 days we expect Nifty to give one side movement.

There is high probability, that, in the coming week, candle can be full body candle. Either Red or Green.

Now how to play that movement.

Above 11682 look for buying opportunities in Nifty and look for higher targets.

And below 11578 look for selling opportunities in Nifty.

As of today I expect and want Nifty to continue upside movement and make green candle. But stay below 11578 may spoil the long party.

Trade Accordingly.

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

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