Tuesday, 3 December 2019


Nifty Blog by CA. Sachin Aggarwal


Dated :- 03.12. 2019                                 NIFTY SPOT : 11994.20
                                                                                                         
Hi readers,

Nifty has started coming down within our two days time as was mentioned in my previous blog dated Dec. 01, 2019.
As mentioned in my previous, that, the strategy was to go short for first two days and wait for nifty to come down.
Now today Nifty has come down more than 100 points from the open of Monday. Giving the lucrative opportunity to readers to short Nifty.
Readers would be enjoying the fall in Nifty within the time of two days.

Now What :-
Now keep holding the short position in Nifty.
As was mentioned that down move should be run through i.e without wasting time.
Thus keep the tight trailing stop loss of 12058 closing basis which is below cost. Thus the trade is free and the risk is virtually nil. As the trailing stop loss is below cost.

Trade Accordingly.

Note - ALL THE LEVELS OF NIFTY ARE of SPOT ALWAYS.

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