Sunday, 21 June 2020


Nifty Blog by CA. Sachin Aggarwal


Dated :- 21.06. 2020                                 NIFTY SPOT : 10244.40
                                                                                                         
Hi Readers
It was mentioned that above 9840 Nifty is in good zone and one should look for buying possibilities.
Same happened. Nifty made a high of 10256 and closed at 10244.

Hope readers would have enjoyed the up move.

Now What :-

Now after a long time this coming week is very confusing.
Charts are saying that they are bullish and more upside is on, but indicators are saying that they might not be with the charts right now.

In such a contradicting scenario it can be expected that Nifty might face resistance at around 10302 to 10366 levels. but if it does not face that resistance in next 2-3 days then indicators will start changing their mood to go with charts.

Thus stay bit cautious in first two days where the move will be clear and after that play accordingly.

Trade accordingly.


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

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