Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 24.01. 2021                                 NIFTY SPOT : 14371.90

                                                                                                         

Hi Readers

Nifty again tried to attempt some upside but unable to sustain at higher levels.

 

It again fell down to close at 14371.90

 

Now What :-

View is still the same stay on sidelines.

And let the Budget pass by.

And let the charts again give signals.

Trade accordingly.

 

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

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Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 18.01. 2021                                 NIFTY SPOT : 14433

                                                                                                         

Hi Readers

Nifty made a high of 14630and after that as expected came down.

Readers would have exited on Monday around 14430-14470 as was mentioned in my previous blog.

And from Tuesday on wards Nifty started coming down.

 

Now What :-

View is still the same stay on sidelines.

Not interested in buying.

Rather this is the time to book full profits and bring money home for some time and enjoy.

 

This blog is written on Jan 17th late Night at 1.00 in night. Technically on 18th Jan 1.00 a.m.

 

Trade accordingly.

 

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

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Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 10.01. 2021                                 NIFTY SPOT : 14347.25

                                                                                                         

Hi Readers

Nifty moved up as was expected and mentioned in the previous blog.

It made a high of 14357 and closed at 14347.

 

Now What :-

Nifty is still showing some signs that it wants to go on relentlessly in-spite of becoming little stretched. Let us not be greedy.

 

Let us book profits from long positions on Monday i.e. tomorrow around noon time or around 14428 whichever comes earlier.

And step aside for once.

 

Remember Nifty is relentless. It might do some crazy things from here on.

Now the idea is to either make yourself available for those crazy things or to protect profits.

A prudent trader always tries to protect profits first.

Because one should never trust the move when indicators starts stretching themselves. Missing the move is better than taking unwarranted risk.

If Nifty starts showing craziness then it might be possible that waiting period on sidelines might be longer that initially expected.

Till then digest the profits.

 

Trade accordingly.

 

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

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Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 03.01. 2021                                 NIFTY SPOT : 14018

                                                                                                         

Hi Readers

First of all Happy New Year to all.

May this year bring happiness, Health and Wealth to everyone.

 

Nifty moved up as expected and made a high of 14048 and closed at 14018.

 

Now What :-

Nifty is still showing signs that it has steam left.

For that the trailing level of 13812 now important on downside.

Till Nifty is above that the texture is of strength.

 

Trade accordingly.

 

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

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