STOCK MARKET VIEW BY SACHIN AGGARWAL

Tuesday, 5 September 2023

Dated :- 05.09. 2023 NIFTY SPOT : 19528.80

Hi Readers,

Nifty moved as per the chart analysis.

Firstly it took resistance at 19412 and came down 200 points and after that it again rebounded on Friday on News and closed above 19412 and in that scenario it was mentioned to buy and keep the stop loss of 19359.

Now What:-

Nifty closed at 19528. Book profits from buy position at 19528 and just step aside for the week.

This week is now expected to be all over the place and both up and down movements are expected.

Option seller will be more active in this week.

Trade Accordingly.

Note this blog is updated at 8.59 am on Tuesday 05/09/2023 before the market open.

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The views on Nifty and Stocks and calls made herein are personal views of the author of the blog and are for information, knowledge and educational purpose only and not for commercial purpose in any way. Views expressed in the blog are for information and for education only and it may or may not hold good. These views or calls made on the blog are not recommendations to anybody to buy or sell any index or securities. The above views and calls are based on technical analysis. While due care has been taken while expressing these views and calls, the author of the blog, is not responsible for any liability of any sort arising from the use of this blog. Readers of this column and those who buy or sell index or securities based on information in this blog are solely responsible themselves for their actions. The author may have positions in any of the index or stocks mentioned in this column. Readers of the blog are advised that before trading or doing investment in markets please take advise from your financial expert/consultant. Usage of this blog information confirms that user has read this disclaimer.