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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