Nifty Blog by CA. Sachin Aggarwal

Dated :- 31.05. 2020                                 NIFTY SPOT : 9580.30

                                                                                                         

Hi Readers

Nifty moved up as was mentioned in my previous blog dated May 25, 2020 when Nifty was at 9039.

It made a high of 9598 and closed at 9580.

I wrote a during the market blog when Nifty was at 9470 to book profits and step aside. Because we were sitting on decent profits and did not wanted our profits to be eaten up by Nifty fluctuation.

As I always say "Profit Woh hai Jo Ghar Aa Gaya baki sab Kahania Hai"

 Now What :-

Nifty is showing strength.

The trade available in town is Buy on dips and  all the dips in Nifty are buying opportunities.

Keep buying on dips.

On Down side 9402 is first important support level.

Keep buying on dips again and again.

It is only below 9338  Nifty will become weak.

Trade accordingly.

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

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