Nifty monthly expiry close was very much in the expected lines. It obeyed 12100 and that was the low recorded yesterday, which I mentioned in the blog yesterday. It was hardly 60 points move that was also suggested in the message.
Nifty has closed at all time high and the trend is intact. There could be few dips on account of macro economic news, trade war between USA and China, worry on GDP growth, any breaking news in RBI Policy. All these news have already been taken into account in the chart and already given us the direction for the next week, even next month in total.
We are ready with our levels and strategies. Are you?
It all depends on how you read the number and analyze the price action of index and its components. This blog is dedicated to price action only. We do not bother about who is holding short or long position in the market.
I only request the blog readers to dedicate some time for a totally different approach towards market and see whether it is worth paying a price before you buy. Check price action before you buy. Apply the same care you take when you buy grocery or vegetable. It looks simple, yet we strictly follow. We think N times before we buy Option. The level of perception and perfection and sharpness in our levels are rocking. You must experience to have a feeling. We are not boasting.
Good Luck!
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