Monday 30 January 2023

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 30.01. 2023                        NIFTY SPOT :   17632

 

Nifty cam down as was mentioned that sell below the open.

It came down heavily and fell more than 450 points

Hope readers would have enjoyed the profits.

Now What:-

Now book profits and step aside for once

As a policy we stay away before the big event like Budget

Enjoy the profits

This blog is updated when Nifty is at 17632 at 9.29 am during market hours.

Trade Accordingly.

 

 

 

 

Sunday 22 January 2023

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 22.01. 2023                        NIFTY SPOT :   18027.65

 

Nifty is moving up and down it between 18100 to 17800.

Now What:-

Nifty is making doji pattern on weekly charts for last 2 weeks.

The coming week is expected to be a week when it may take a move. Thus in the coming week we expect it to form a full body candle either red or green.

Therefore the trading strategy for the week will be keep an eye on the open of tomorrow, below the open I will not buy rather look for selling possibilities and above the open level I will look for buying possibilities. Because full body candle means one side move from the open.

Trade Accordingly.

 

 

 

 

Monday 9 January 2023

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 09.01. 2023                        NIFTY SPOT :   17859

 

Hi Readers,

Nifty as soon as it closed below 18053 it fell down.

It also gave a close below 17878 which was our level for texture to change to sell on rise.

Now What:-

In the coming week till Nifty is below 18156 the texture will remain sell on rise.

Trade Accordingly.

This blog is updated in late night of Jan 08, 2023 i.e. at 00.22 am of 09.01.2023

 

 

 

 

Monday 2 January 2023

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 02.01. 2023                        NIFTY SPOT :   18165

 

Hi Readers,

First of all Happy New Year to all.

I pray to Maa Durga to Shower   all her blessings on you and your family.

Nifty is holding at around 18100 levels.

Which might be the indication that Nifty wants to hold here.

Now What:-

We do not want to start the year with short positions.

Nifty is holding at 18100 around levels and at present at 18165 i.e. at 10.41 am on 02.01.2023.

Thus better to book profits in all short positions and wait for Nifty to play around.

Bank Nifty will hold the key for Nifty’s movement.

New short positions will only be opened below 17878.

Till then Nifty may move in a range with positive bias.

If Nifty holds 18053 which it is doing right now, professional traders may also look for small buying possibilities also for trading purposes.

Trade Accordingly.


This blog is updated during live market at 10.41 am on 02.01.2023