Note : The contents of the blog are personal views of the writer only for educational purpose on Index. Consult your Financial Advisor before taking and Trade.

 

 

Dated :- 30.05. 2021                                 NIFTY SPOT : 15435.65

                                                                                                         

Hi Readers

 

First of all I am Happy to inform you that we have created our You Tube Channel. Name of the channel is My Money Mind.

Link for the You Tube channel:-

https://www.youtube.com/channel/UCdPxcgXXKLV15NL6H_VcQwQ/videos

 

Now the regular Blog:-

 

Nifty moved up and made a high of 15463 and closed at 15435.

It was mentioned in my previous blog to just book profits and step aside at around 15200.

 

Now what :-

Now in the coming week also I will remain step aside.

Nifty is making rising wedge pattern on daily charts.

Why I am saying that I would step aside is because in the last many days in the up move Nifty is not giving big green candles and together with rising wedge it shows that Nifty may at any time give dodge.

Thus we do not want that our readers get any dodge if that rising wedge pattern had its say.

Thus this week also just step aside and enjoy from sidelines.

 

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

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