Nifty Blog by CA. Sachin Aggarwal

Dated :- 18.02. 2020                                 NIFTY SPOT : 11940

                                                                                                         

Hi readers,

Nifty came down as was mentioned in my blog dated Feb. 16, 2020.

It was clearly mentioned to go short when Nifty was at 12113.

It was also mentioned that Nifty hit our stop loss is dummy move and it will come down. Short again.

It is not easy to write on public platform that Nifty made a dummy move just to hit stop loss. Short again.

Reputation is on stake.

But when you have confidence on your technical charts and indicators. You dare to do that.

This is the power of technical analysis.

This is all GOD's grace

Nifty came down around 200 points from Yesterday open.

Now what :-

Book part profit here and keep holding the balance short position with the stop loss of cost that is 12135 closing basis. More down side is expected.

Note:  this blog is updated during the market hours at 10.46 a.m. when Nifty spot is at 11940.

Trade accordingly.

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

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