Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 13.12. 2020                                 NIFTY SPOT : 13513.80

                                                                                                         

Hi Readers

 

Nifty moved up in the week and made a high of 13573 and then closed at 13513.80 and stocks have given decent moves.

 

Now What :-

Now in the coming week I will not be an aggressive buyer.

below 10473, I will either look for small selling possibilities or just step aside.

 

Small time frame charts are stretched up.

And now I will look for correction.

Nifty has to spend some time.

In coming week time correction is becoming due.

Thus I will be open to correction but will not be aggressive buyer for the coming week.

 

Trade accordingly.

 

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

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