Nifty Blog by CA. Sachin Aggarwal

Dated :- 14.06. 2020                                 NIFTY SPOT : 9972.90

                                                                                                         

Hi Readers

It was mentioned that Nifty and Bank Nifty has stiff resistance ahead.

Same happened Nifty and Bank Nifty both faces resistance and came down.

Also it was mentioned that when Nifty will come down it will be a buying opportunity.

Nifty rebounded smartly form the lower levels and closed at 9972.90

 Hope readers would have enjoyed the movement in Nifty.

Now What :-

Now on the down side 9840 will be first support level on closing basis.

Till Nifty is above it the uptrend in Nifty is secure.

In the coming week till the time Nifty trades above 9840 keep holding long positions and look for buying possibilities.

But below it Nifty will be in a danger to slide and give up the move.

Coming week will be very crucial for Nifty.

Trade accordingly.

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

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