NIFTY VIEW FOR SEPT WEEK 1

Sep 1, 2018

ON WEEKLY CHARTS 11600 LOOKS THE LEVEL TO WATCH OUT FOR ON CLOSING BASIS.

AS LONG AS NIFTY HOLDS THE SAME,COULD BE BOUGHT ON EVERY DIPS..

BUT BROADLY I THINK NIFTY WILL CONSOLIDATE GIVEN MACRO FACTORS LIKE RUPEE WEAKENING & HIGH CRUDE OIL PRICES..

BUT UP TREND IS STILL INTACT..

HAPPY TRADING!!!

Sep 3, 2018

Note

Close below 11600 on first day itself.. Not a good sign.. But 11520 is the immediate support..

Sep 4, 2018

Note

Nifty Closed exactly on given levels... I expect some bounce back from here.. Unless any negative news comes into the picture..