Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 22.05. 2023                        NIFTY SPOT :   18203.40

 

Hi Readers,

As soon as Nifty closed below 18264 it fell down to 18060 giving respect to our analysis

 

Now What:-

View is still the same.

Below 18264 Nifty is weak.

But this Rs 2000 note news might create volatility in markets.

As sometimes problem of plenty/consensus creates problem.

But still the technical levels are technical levels and we have to follow them.

Thus keep holding the short position with a stop loss of 18371.

Trade accordingly.

.Note this blog is updated at 8.53 am on Monday i.e. 22/05/2023 before the market open.

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 14.05. 2023                        NIFTY SPOT :   18314.80

 

Hi Readers,

Nifty respected our levels and never closed above 18344.

 

Now What:-

The coming week is expected to be volatile, break and close above 18371 will give impetus to buying with tight stop loss below 18288 and close below 18264 might try small sell trade with stop loss of 18371.

 

Trade Accordingly.

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 10.05. 2023                        NIFTY SPOT :   18265.95

 

Hi Readers,

I was occupied somewhere as thus was not able to write the blog in between.

But now on it will be updated every Sunday.

 

Now What:-

Nifty is trading at 18265 and in the current week it is expected that the upside may be restricted to 18344 and it will continue in range bound movement.

Trade Accordingly.