Monday 26 December 2022

 

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.

 

 

 

 

Monday 19 December 2022

 

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.

 

 

 

 

Tuesday 13 December 2022

 

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.

 

 

 

 

Monday 5 December 2022

 

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.