Nifty Blog by CA. Sachin Aggarwal

 

 

Dated :- 01.02. 2021                                 NIFTY SPOT : 13634.60

                                                                                                         

Hi Readers

Nifty came down relentlessly as was expected.

readers of the blog were saved from the massive fall as they would have been sitting on sidelines.

Nifty made a low of 13622 and closed at 13634.

Nifty fell around 1150 points after our blog to exit the longs and step aside.

Many of the shares are down more than 15-20 % from highs

 

Now What :-

Nifty is at support level at 13430 to 13600

This is make or break level for Nifty.

Volatility is expected to increase from here

Today Budget 2021 will come.

View is still the same let the volatility subside.

Till then enjoy.

Trade accordingly.

 

Note the blog is written on Feb 01,2021 Monday at 8.04 a.m. before the market opened.

 

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

-----------------------------------------