Nifty Blog by CA. Sachin Aggarwal

Dated :- 02.02. 2020                                 NIFTY SPOT : 11661.85

                                                                                                         

Hi readers,

Nifty came down as was mentioned in my previous blog.

It was mentioned that, Nifty is trading with weak bias and in that sudden dip in Nifty is not ruled out.

Nifty fell hard and made a low of 11641 and closed at 11661

Hope readers would have enjoyed the fall,

Now What :-

Now also Nifty is weak and more downside levels are expected.

Those who are holding short positions can hold the same and those who booked profits can use all rises as selling opportunity and keep shorting Nifty on every rise.

The texture in Nifty is sell on rise.

Do not be eager to buy Nifty.

Play as the trend shows you which is at present sell on rise.

Trade accordingly.

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

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