Monday 28 November 2022

 

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.