Monday 29 November 2021

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 29.11. 2021                        NIFTY SPOT  17026

 

Hi Readers,

Nifty came down bang on as was mentioned in my blogs.

Readers would have enjoyed the profits

 

Now What:-

Keep holding the short positions

And keep booking part profits also as per your appetite.

Booking part profits is the profitable pyramiding in which you keep booking part profits as Nifty moves in your favour and keep holding the balance position.

Now the trailing stop loss for short position is 17256.

Trade Accordingly.

 

Note the blog is updated on November 29th (Monday) morning before the market opens at 7.12 am.

 

 

 

 

 

Monday 22 November 2021

 

Hi Readers,

Nifty fell like anything made a of 17549 at present 15573

Book more profits here and hold the balance short position

From here 17470 to 17510 will be an important level to watch.


Note blog is updated during market time at 11.22 am

Trade Accordingly.

Sunday 21 November 2021

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 21.11. 2021                        NIFTY SPOT  17764.80

 

Hi Readers,

Nifty moved exactly as was mentioned in my previous blog dated Nov. 14, 2021.

It was mentioned that Bank Nifty is weak and once Nifty breaks 18002 go short.

Also our Monday factor analysis of Bank Nifty was also bang on wherein bank Nifty started falling form Monday onwards and shed more than 1000 points.

Hope readers would have enjoyed the profits.

 

Now What:-

Book Part profits on Monday i.e. tomorrow 22/11/2021 and carry the balance short position for further lower targets. With trailing stop loss of 17972 initially which is still below cost of 18002. Will further trail the stop loss to tighter levels during the course of time.

Trade Accordingly.

 

 

 

 

Sunday 14 November 2021

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 14.11. 2021                        NIFTY SPOT  18102.75

 

Hi Readers,

Nifty moved as was mentioned in my previous blog.

Above 17972 it will trade with bullish bias.

 

Now What:-

Bank Nifty is not participating in the rally.

Monday will be an important day for Nifty and Bank Nifty.

Frankly Bank Nifty is at make or break level.

Thus for the coming week I would treat Monday as the trend decider for Bank Nifty which will further decide the movement for Nifty also.

If Bank Nifty shows any weakness on Monday and Nifty goes below 18002 then I would not hesitate to even look for selling possibilities in Nifty with stop loss of 18114, Else keep holding the mildly bullish stance on Nifty.

Trade Accordingly.

Monday 8 November 2021

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 08.11. 2021                        NIFTY SPOT  17916.80

 

Hi Readers,

Nifty was volatile and readers would have enjoyed the holidays and Festivals.

 

Now What:-

Now till the time Nifty is above 17972 closing basis it is expected to trade with mildly bullish bias.

But below it I would look for selling possibilities.


This blog is updated at 8.31 am on Monday Dated 08/11/2021 before the market open.

 

Trade Accordingly.

 

 

 

 

Monday 1 November 2021

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 01.11. 2021                        NIFTY SPOT  17671

 

Hi Readers,

Nifty came down as expected and as was mentioned in my previous blog dated Oct 24, 221.It made a low of 17633 and closed at 17671.

It was mentioned to look for selling possibilities in Nifty.

Now What:-

Now Nifty has corrected almost 1000 points from the top.

As present it might be a good strategy to book profits from short positions and step aside and enjoy the festivals.

Happy Dhanteras

Happy Diwali

& Happy Bhai Dooj to all.

May Goddess Lakshmi fulfil all your dreams.

Note this blog is updated on October 31st at night at 12.35 technically Nov. 01, 00.35 hrs.

 

Trade Accordingly.