Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 29.08. 2021                   NIFTY SPOT :16705.20                    

 

Hi Readers

Nifty moved exactly as was mentioned in my previous blog. Nifty kept moving and closed at the high of the rally at 16705.20, Highest closing ever.

Now What:-

Now for once I would like to book profits and step aside and wait and watch.

As a policy I always say “Profit Who hai Joh ghar aa gaya” baki baki sab kahania hai.

On Monday i.e. tomorrow I would like to book full profits and step aside for once.

Trade Accordingly.

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 23.08. 2021                        NIFTY SPOT :16496.45                    

 

Hi Readers

I was out of town thus could not write the blog yesterday.

Nifty moved exactly as was mentioned in my previous blog. Nifty made a low of 16376 and then rebounded to close at 16496.45.

Now What:-

Now also the view is exactly same.

Till the time Nifty is giving respect to first trailing stop loss the overall trend will remain up.

Keep the trailing stop loss of 16348 for the balance part of long position and keep riding the tide.

Trade Accordingly.

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 15.08. 2021              NIFTY SPOT :16529.10                   

 

Hi Readers

First of all Happy Independence Day to all.

This is the day, which will always remain Dream come true day for all of us.

 

Nifty moved up like anything and non stop as was mentioned in my previous blog dated Aug.08, 2021.

Hope readers would have enjoyed the profits.

Now What:-

Book part profits here as a policy never leave profits on the table, As I always say “Profit Who Hai Joh Ghar aa Gaya”

And Keep holding the balance long position with the trailing stop loss of 16348.

Trade Accordingly.

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 08.08. 2021                        NIFTY SPOT :16238.20                   

 

Hi Readers

Nifty as soon as it crossed 16902 it did not looked back.

It went up in style and made a high of 16349 and closed at 16238.20.

Hope readers would have enjoyed it.

This is the quality of technical analysis it helps you to enter into the trade at right time and also helps you when to stay on side lines.

 

Now What:-

Keep holding the long position with the trailing stop loss of 16066.

This move seems to be having more upside possible.

Obviously keep booking part profits on periodical basis as I always say “Profit Who hai joh ghar aa gaya”

Bank Nifty is also making rectangle pattern, where Nifty has given breakout Bank Nifty has still to give the breakout.

Keep an eye on that, its breakout will give further impetus to Nifty.

Trade Accordingly.

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 02.08. 2021                        NIFTY SPOT :15763.05                   

 

Hi Readers

Nifty made a low of 157813nd then rebounded to close at 15763.

 

Now What:-

Nifty is trading in a range and now the best trade available is to wait for the range to break.

 

Nifty will be a buy above 15902 closing basis and will be weak below 15606. Closing basis.

Till that time stay on side-lines.

Trade Accordingly.