STOCK MARKET VIEW BY SACHIN AGGARWAL

Sunday, 11 October 2020

Nifty Blog by CA. Sachin Aggarwal

Dated :- 11.10. 2020 NIFTY SPOT : 11914.20

Hi Readers

Nifty moved up nonstop in a style.

Showing strength.

Now What :-

Nifty has given a sharp rally and the texture of it, is, buy on dips.

Bank Nifty has for the first time supported the move and till bank Nifty is above 23250 Nifty is expected to be in safe zone. (Bank Nifty CMP 23846)

Nifty is buy on dips now.

And keep an eye on bank Nifty also. The key from here will be in the hands of Bank Nifty and if Bank Nifty stops helping Nifty then the view will be different.

Trade accordingly.

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

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The views on Nifty and Stocks and calls made herein are personal views of the author of the blog and are for information, knowledge and educational purpose only and not for commercial purpose in any way. Views expressed in the blog are for information and for education only and it may or may not hold good. These views or calls made on the blog are not recommendations to anybody to buy or sell any index or securities. The above views and calls are based on technical analysis. While due care has been taken while expressing these views and calls, the author of the blog, is not responsible for any liability of any sort arising from the use of this blog. Readers of this column and those who buy or sell index or securities based on information in this blog are solely responsible themselves for their actions. The author may have positions in any of the index or stocks mentioned in this column. Readers of the blog are advised that before trading or doing investment in markets please take advise from your financial expert/consultant. Usage of this blog information confirms that user has read this disclaimer.