Nifty Blog by CA. Sachin Aggarwal

Dated :- 23.06. 2019                                 NIFTY SPOT : 11724.10

                                                                                                         

Hi readers,

Nifty fell in the previous week and made a low of 11625 three days continuously in a row.

Booking part profits was always good idea at 11662 as per my previous blog dated June 20, 2019

I hope readers would be enjoying it.

Just for record purposes readers are short in Nifty from 11823 levels i.e. when Nifty closed below 11826.

Now What :-

Keep holding the balance short positions with the original stop loss of 11957.

I wanted to trail the stop loss shorter but due to volatility decided to keep it as it is. Will trail I accordingly as and when indication for trailing stop loss comes.

Now with booking part positions the stop loss is free and the trade will be in profits always.

Trade accordingly.

Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.

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