STOCK MARKET VIEW BY SACHIN AGGARWAL

Sunday, 5 June 2022

Nifty Blog by CA. Sachin Aggarwal

Dated :- 05.06. 2022 NIFTY SPOT : 16584.3

Hi Readers,

Nifty moved up as was mentioned in my previous blog dated May 29, 2022

Where in it was mentioned that Nifty is in buy zone and more upside is expected. At that time Nifty was at 16352.40

Keep buying on dips.

Nifty made a high 16793 and closed at 16584.

Now What:-

Now in the coming week I will step aside and wait and watch Nifty movement.

Consolidation is expected but wild moves are also not ruled out.

RBI monetary policy is also lined up in week.

Strategy is to stay on side lines and wait.

Trade Accordingly.

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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.