STOCK MARKET VIEW BY SACHIN AGGARWAL

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.

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The views on Nifty and Stocks and calls made herein are personal views of the author of the blog and are for information, knowledge and educational purpose only and not for commercial purpose in any way. Views expressed in the blog are for information and for education only and it may or may not hold good. These views or calls made on the blog are not recommendations to anybody to buy or sell any index or securities. The above views and calls are based on technical analysis. While due care has been taken while expressing these views and calls, the author of the blog, is not responsible for any liability of any sort arising from the use of this blog. Readers of this column and those who buy or sell index or securities based on information in this blog are solely responsible themselves for their actions. The author may have positions in any of the index or stocks mentioned in this column. Readers of the blog are advised that before trading or doing investment in markets please take advise from your financial expert/consultant. Usage of this blog information confirms that user has read this disclaimer.