Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 16.10. 2022                        NIFTY SPOT   17185.70

 

Hi Readers,

Nifty was all over the place in past few days and still showing volatility.

Due to some personal reasons could not write the past blogs.

 

Now What:-

Volatility is expected to continue further also.

Problem is that even gap downs and gap ups are also not having its impact on Volatility index. It is still hovering at 18 around levels.

In the coming week consider 17295 as important level. Below which bias will be negative and above it the bias will be positive.

Trade Accordingly.