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.