Nifty Blog by CA. Sachin Aggarwal

Dated :- 07.06. 2020                                 NIFTY SPOT : 10142.15

                                                                                                         

Hi Readers

Nifty moved up as was mentioned in my previous blog dated May 31, 2020 It was mentioned that keep buying on dips and only trade available in the town is o buy on dips.

Same happened Nifty made a high of 10177 and closed at 10142.

Hope readers would have enjoyed the move.

Now What :-

Now Nifty is at very interesting and crucial level.

Together with Bank nifty

This area between 10160 to 10250 may act as a short term resistance for Nifty wherein a dip cannot be ruled out. But that will also be a buying opportunity.

Actually the true resistance is to Bank Nifty at around 21500 to 21600 levels.

Thus the idea is to book profits and wait for the coming week and if nifty sustains above 10255 together with bank Nifty above 21602 then more upside movement is expected run through.

Else what we want to take a breather, preferably with a dip, which will give energy to the charts for further move up easily.

Trade accordingly.

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

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly, Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly Nifty Blog Weekly     --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------