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 :- 27.06. 2021                                 NIFTY SPOT : 15860.35

                                                                                                         

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 was up volatile during the week but did not went below our levels of 15676 and 15606 thus no trading opportunity was there.

Finally in the second half of the week Nifty rebounded and closed at 15860.

 

Now What:-

Now in the coming week also the view is same, below our levels of 15676 and 15606 only we will look for selling possibilities.

But, as Nifty is making ascending triangle pattern on hourly charts and Bank Nifty has made inverted Head and Shoulder pattern on hourly charts. Thus close above 15902 Nifty will again start regaining strength and if it sustain above 15902 for 2nd consecutive day also, then one can look for buying it also. For the coming week Bank Nifty will hold the key and keep an eye on that,

 till it is above 35156 Nifty is in safe zone.

 

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

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Dated :- 20.06. 2021                                 NIFTY SPOT : 15683.35

                                                                                                         

Hi Readers

It was mentioned in my blog I will not be a buyer in the last week rather look for selling possibilities.

Nifty came down fast and recovered after that and closed at 15683.

 

Now What :-

 

The view is still the same.

Below 15676 Nifty starts turning week and below 15606 Nifty is weak.

I will not be a buyer the in coming week also and keep looking for selling possibilities below my levels.

An also Below 34572 Bank Nifty is weak.

Trade accordingly.

 

 

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

 

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 :- 13.06. 2021                                 NIFTY SPOT : 15799.35

                                                                                                         

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 respected our levels and above 15724 it made a high of 15835 and closed at 15799.

On lower side Nifty took support at our mentioned level of 15592 and rebounded.

 

Now what :-Nifty has made Doji pattern on daily charts and Hanging Man pattern on weekly charts.

Now for the coming week below 15676 Nifty will show signs of weakness and once it will stay below 15608 more weakness will open up in Nifty.

I will not be a buyer in the coming week but will wait for my levels and weakness in Nifty.

Bank Nifty will hold the key for the down side for Nifty.

Below 34801 Bank Nifty will also start showing signs of weakness and Stay below 34572 more downside will open for Bank Nifty.

The trade Idea is to wait on sidelines and not be a buyer in the coming week and look for shorting possibilities considering the above levels.

 

 

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

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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 :- 06.06. 2021                                 NIFTY SPOT : 15670.25

                                                                                                         

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 15724 and closed at 15670.

 

Now what :-

Now in the coming week Nifty is expected to give a tradable move.

Below 15592 for short period it is weak and below 15418 texture will become further weak.

On the other side above 15728 further move of 150-200 points can be possible in the week.

Trade accordingly.

 

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

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