STOCK MARKET VIEW BY SACHIN AGGARWAL : April 2019

Sunday 28 April 2019

Nifty Blog by CA Sachin Aggarwal

Dated: 28.04.2019 Nifty Spot: 11754.65

Hi Readers,

Nifty moved up as was mentioned in my 'during the market' blog on Friday (Apr 26).

It was mentioned that Nifty is expected to give sharp upmove. Same happened as Nifty moved up and closed at 11754.

Hope readers would have enjoyed the upmove.

Now What:

Keep holding the long positions and keep booking part profits and carry the balance long positions.

Now, till Nifty is closing above 11612, it is buy on dips.

And if it closes below 11612, exit the long positions and just step aside for once.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

Friday 26 April 2019

Nifty Blog by CA. Sachin Aggarwal

Dated :- 26.04. 2019 NIFTY SPOT : 11667.00

Hi readers,

Nifty is at 11667 broke down from there but still standing there.

It respected all our levels but not breaking down. It may be a indication that Nifty might give sharp up move.

Blog is updated during the market hours at 9.45 a.m.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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Sunday 21 April 2019

Nifty Blog by CA. Sachin Aggarwal

Dated :- 21.04. 2019 NIFTY SPOT : 11752.80

Hi readers,

Nifty moved as was expected and made a high of 11856 and closed at 11752.80.

Nifty was expected to be in a range and no major move was expected in one side.

Now What:-

Now for the remaining month of April 2019 I would not be a buyer.

Rather below 10668 Nifty might like to trade with negative bias.

Nifty is at best stay in range or trade with negative bias.

If Nifty starts trading above 11818 and stays there then I would like to step aside for the remaining month of April.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

Sunday 14 April 2019

Nifty Blog by CA. Sachin Aggarwal

Dated :- 14.04. 2019 NIFTY SPOT : 11643.45

Hi readers,

First of all I would like to inform and apologize that I was out of town and was so busy enough that was not able to write the blog last week.

First time in the history of this blog that it was not updated on Sunday.

Nifty is staying there only and which was expected also, Nifty is not able to find fresh fuel of money for buying, to keep the momentum intact.

In the coming week also Nifty is expected to move in a range and not going anywhere. The range is expected to be 10502 to 10768.

One day up one day down type scenario.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

Sunday 7 April 2019

Dear All,

Sir is out of town.

Thus blog will be updated on coming Sunday.

Disclaimer:

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.