Sunday 29 May 2022

 

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.

Sunday 22 May 2022

 

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.

Sunday 15 May 2022

 

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.

 

 

 

 

Monday 9 May 2022

 

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.

 

 

 

 

Sunday 1 May 2022

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 01.05. 2022                        NIFTY SPOT :17102

 

Hi Readers,

Nifty came down and all the rises were used to sell and Nifty rewarded.

 

Now What:-

View is same

Nifty is weak keep selling on all rises.

And keep looking for lower targets.

First resistance is at 17264 an after that 17398.

Trade Accordingly.