Nifty 08 February 2022

Good Morning,

My today Nifty view...Please watch levels. If anyone takes a trade-in index, then book a small profit as per digestion. Be cautious in Index trade. 

Remember:

1. The market is supreme.
2. My view is also wrong.

Still, My same opinion If you have patience then...focus on the cash stocks market for 7-15 days' hold and book a good and safe profit.

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Nifty: 

Market ATH little bit of correction comes there only buying opportunity but buying on a correct level. Right now buying on dips strategy but on the correct levels. Cautious view now in both indexes.

Today's important level is 17100-17125 on the downside and on the upper side is 17375-17400. 

Strong Support 17000 Levels.

Strong Resistance 17500-17800 Levels.

Current Week PCR: 0.43

Nifty positive then go for the buying side if nifty negative then go to the selling side. 

Overall Sectors specific is better.