Nifty Blog by CA. Sachin Aggarwal
Dated :- 26.12. 2022
NIFTY SPOT : 18014
Hi Readers,
Nifty came down and closed the week at 17806.
Hope reader would have enjoyed the profits.
Nifty on Monday rebounded and closed at 18014.
Now What:-
Book part positions and keep holding the balance positions with
the stop loss of 18369.
Trade Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 19.12. 2022
NIFTY SPOT : 18269
Hi Readers,
Nifty came down and closed the week at 18269
Now the trailing stop loss for Nifty is over.
Which is below the level of 18288 and thus long positions should
be closed
Now What:-
Now in the coming week I will look for selling possibilities
till Nifty is below 18450.
The texture of Nifty is becoming vulnerable.
Trade Accordingly.
Note this blog is updated on 19.12.2022 at 7.34 am before the
Market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 13.12. 2022
NIFTY SPOT : 18497.15
Hi Readers,
Nifty slowly came down and closed the week at 18497 and on
Monday also closed at 18497.15.
Which is below the level of 18543 thus all positions are booked
out (trailing SL) and closed.
Now What:-
Now still the chart is not looking week.
Nifty has strong support at 18288 and till that is holding it is
expected that Nifty will keep giving bouts of up move again and again.
Thus I will look for that level curiously and look for buy on
dips possibilities in Nifty in the coming days. I will also like to see that, if
Nifty wants to give respect to 18288 and move up, then, it is expected that it
should do it in coming days. Else with the passage of time the strength of
18288 will keep shedding.
Trade Accordingly.
Note this blog is updated on 13.12.2022 at 7.42am before the
Market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 05.12. 2022
NIFTY SPOT : 18696.10
Hi Readers,
Nifty went up and continued its upward journey.
Nifty made a high of 18887 and closed the week at 18696.10
Now What:-
Now book part profit and for rest of the position increase your
trailing stop loss and carry the long position.
Now keep the trailing stop loss of 18543 for the long positions.
This week will be full of news events with RBI policy and Exit
poll results coming during the week.
Trade Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 28.11. 2022
NIFTY SPOT : 18512.75
Hi Readers,
I was busy in some family engagements together with the work
engagements, and my father was not well also. Thus could not write the blog in
between.
From now onwards every Sunday again you will get the blog as
before.
Nifty kept moving up and made a new high and closed at 18512.
Now What:-
Now at this level it is important to trail the positions with
strict stop loss.
The trailing stop loss of 18346 will be good one to protect the
long positions.
It is only banking that is showing strength as of now and all
other sectors are virtually sideways.
That is why the up move is slow and tough to rise.
Keep an eye on Banking also if it starts shedding also then book
your profits and step out.
Trade Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 31.10.
2022
NIFTY SPOT 17786.80
Hi Readers,
Nifty was
volatile but protected 17295 and thus the bias was positive.
Now What:-
In the coming
week also the bias will remain bullish and till Nifty is above 17618 keep
holding long positions in Nifty.
Below 17618
just step aside.
Trade
Accordingly.
Note this blog
is written on 31.10.2022 at 8.36 am before market opens
Nifty Blog by CA. Sachin Aggarwal
Dated :- 16.10.
2022
NIFTY SPOT 17185.70
Hi Readers,
Nifty was all
over the place in past few days and still showing volatility.
Due to some
personal reasons could not write the past blogs.
Now What:-
Volatility is
expected to continue further also.
Problem is that
even gap downs and gap ups are also not having its impact on Volatility index.
It is still hovering at 18 around levels.
In the coming
week consider 17295 as important level. Below which bias will be negative and
above it the bias will be positive.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 12.09.
2022
NIFTY SPOT 17936.35
Hi Readers,
Nifty and Bank
Nifty moved up as was mentioned in my previous blog.
Wherein it was
mentioned that Bank Nifty is strong and will give impetus to Nifty.
Same happened.
Now What:-
Now in the
coming week I will try to book profits at 18036 to 18076 around levels for once
and step aside.
Bank Nifty’s
movement in next 2 days will be important to watch.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 04.09.
2022
NIFTY SPOT 17539.45
Hi Readers,
Nifty made a low
of 17166 and then rebounded from there due to short covering and made a high of
17777 and then closed at 17539. .
Now What:-
Now Nifty is standing
at important juncture. Charts are showing that it is Bank Nifty in coming week
which holds the key. Bank Nifty chart is at important point, a small up move in
bank Nifty can take Nifty along with it.
Thus Nifty
above 17608 and Bank Nifty above 39670 is a good area for rebound and short
covering may creep in. But with a view that this situation if happens by Tuesday
will be taken by both hands by bulls.
In the coming
week till if Nifty stays above 17433 and Bank Nifty does not shows the weakness
then I will not look for selling possibilities.
But yes Nifty
below 17433 and Bank Nifty below 39007. I will look for selling possibilities.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 28.08.
2022
NIFTY SPOT 17558.90
Hi Readers,
Nifty gave
respect to our resistance area and support area.
During the
week Nifty faced resistance exactly at our mentioned level and fell from there.
Now What:-
In the coming
week Nifty is expected to be weak and below 17458 its character will be sell on
every rise.
In the coming
week till Nifty is below 17458 I will look for selling possibilities with a
stop loss of 17519 and 17558 closing basis.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated : 22.08.
2022
NIFTY SPOT 17490
Hi Readers,
Nifty faced
resistance on RSI above 82 and fell from there. For Index RSI above 82 is
resistance zone.
Now What:-
Now for the
coming week 17693 will act as resistance and 17268 will act as support.
He coming week
is also monthly expiry week also.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :-16.08.
2022
NIFTY SPOT 17825.25
Hi Readers,
Nifty kept
moving up and the resistance of 17550 was crossed as if nothing stopping.
Now What:-
Nifty is in
strong hands right now and as of now it is moving up relentlessly.
The overall
structure is buy on dips.
But since
Nifty and Bank Nifty RSI on daily charts is above 82 dips are also not ruled
out.
Trade
Accordingly.
This blog is reposted just to correct the typo error in last line of date.
Blog is updated on August 16, 2022
Nifty Blog by CA. Sachin Aggarwal
Dated :-16.08.
2022
NIFTY SPOT 17825.25
Hi Readers,
Nifty kept
moving up and the resistance of 17550 was crossed as if nothing stopping.
Now What:-
Nifty is in
strong hands right now and as of now it is moving up relentlessly.
The overall
structure is buy on dips.
But since
Nifty and Bank Nifty RSI on daily charts is above 82 dips are also not ruled
out.
Trade
Accordingly.
This blog is
updated on July 25, 2022 at 8.16 a.m. before the market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 25.07.
2022
NIFTY SPOT 16719
Hi Readers,
As mentioned Nifty went up
with a bang and gave a rise of around 700 points.
Hope readers would have enjoyed the move.
Now What:-
Now in the
coming week I expect bit of a consolidation in Nifty.
No harm in
booking profits once
Coming week is
expected to be a range bound week.
Trade
Accordingly.
This blog is
updated on July 25, 2022 at 8.16 a.m. before the market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 11.07.
2022
NIFTY SPOT 16054
Hi Readers,
Nifty fell
down and closed at 16054
Now What:-
Now Nifty is
at such place that if it wants it can move up.
Thus in the
coming week the strategy will be either to be on long side or step aside.
On the down
side 15840 will act as support.
Trade
Accordingly.
This blog is
updated on July 18, 2022 at 8.52 a.m. before the market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 11.07.
2022
NIFTY SPOT 16220
Hi Readers,
Nifty moved up
and gave a decent rebound.
Now What:-
Nifty is
expected to move in a range for the coming week.
However stocks
specific movement is expected.
Trade
Accordingly.
This blog is
updated on July 11, 2022 at 7.47 a.m. before the market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 03.07. 2021 NIFTY SPOT :15752
Hi Readers
Nifty was all over the place making wild movements
Now What:-
This week also I will remain step aside.
In coming week Nifty is standing at crucial
juncture.
What we call a make or break level..
Thus just wait and watch .
Trade Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 27.08.
2022
NIFTY SPOT 15699
Hi Readers,
Nifty was
volatile and was all over the place and eventually rebounded.
More rebound
can be expected.
Now What:-
Now also I
will stay out and watch Nifty’s movement.
Because the
volatility will be there.
And Volatilily
gives both up and down abrupt movements.
Trade
Accordingly.
This blog is
updated on June 27, 2022 at 6.58 a.m. before the market open.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 20.06.
2022
NIFTY SPOT 15218
Hi Readers,
Nifty fell
down as mentioned.
Hope readers
would have enjoyed the profits.
Now What:-
Now Nifty is
at 15218. I will book profits and step aside for once.
And enjoy the
movement in Nifty.
Strategy is to
book profits and step aside.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 13.06.
2022
NIFTY SPOT 16201.80
Hi Readers,
Nifty fell
down
RBI policy fuelling
the downside.
Now What:-
Now for the
coming week Rill Nifty is below 16324 I will look for a sell on rise strategy.
And above
16324 I will step aside.
Note this blog
is updated on June 13, 2022 at 00.18 am i.e. late night of June, 12, 2022.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 05.06.
2022
NIFTY SPOT : 16584.3
Hi Readers,
Nifty moved up
as was mentioned in my previous blog dated May 29, 2022
Where in it
was mentioned that Nifty is in buy zone and more upside is expected. At that
time Nifty was at 16352.40
Keep buying on
dips.
Nifty made a
high 16793 and closed at 16584.
Now What:-
Now in the
coming week I will step aside and wait and watch Nifty movement.
Consolidation
is expected but wild moves are also not ruled out.
RBI monetary
policy is also lined up in week.
Strategy is to
stay on side lines and wait.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 29.05.
2022
NIFTY SPOT 16352.40
Hi Readers,
Nifty rebounded
as was mentioned in my previous blog dated May 22, 2022
Now What:-
Nifty
rebounded as was mentioned and this rebound is showing strength.
For the coming
week till Nifty is above 16171 Nifty is in short term buy zone.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 22.05.
2022
NIFTY SPOT 16266.00
Hi Readers,
Nifty rebounded
as was mentioned in my previous blog dated May 15, 2022
Now What:-
Now this
rebound in Nifty is heartening and till Nifty is above 16103 closing basis then
I will look for buying possibilities in Nifty.
Although it is
early signs that is why the we are keeping tight stop loss in Nifty.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 15.05.
2022
NIFTY SPOT :15782.15
Hi Readers,
Nifty fell and
closed at 15782.
Now What :
Nifty is in
oversold zone and technically rebound can come any time.
Risk reward
ratio for further selling run through is not in favour.
The strategy
for the week shall be to look for rebound and keep booking small profits
intraday only.
Because the technical
setup is very weak.
How much
rebound shall last no body knows.
Thus keep
playing rebound and keep booking profits again and again.
Once oversold
situation is over, then the structure will be important if Nifty is able to
make any strong bullish pattern then only the view will change.
Trade
Accordingly.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 09.05.
2021
NIFTY SPOT :16226
Hi Readers,
Nifty fell
down as was mentioned in my previous blog
Hope readers
would have enjoyed the profits.
Now What:-
View is same
Book profits
and step aside for once.
But with PCR
high sharp rebounds can come any time.
Note this blog
is updated during the market at 10.57 am on 09.05.2022
Trade
Accordingly.
