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.
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.
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.
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.
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.
Nifty Blog by CA. Sachin Aggarwal
Dated :- 31.10.
2022
NIFTY SPOT 17786.80
Hi Readers,
Nifty was
volatile but protected 17295 and thus the bias was positive.
Now What:-
In the coming
week also the bias will remain bullish and till Nifty is above 17618 keep
holding long positions in Nifty.
Below 17618
just step aside.
Trade
Accordingly.
Note this blog
is written on 31.10.2022 at 8.36 am before market opens
Nifty Blog by CA. Sachin Aggarwal
Dated :- 16.10.
2022
NIFTY SPOT 17185.70
Hi Readers,
Nifty was all
over the place in past few days and still showing volatility.
Due to some
personal reasons could not write the past blogs.
Now What:-
Volatility is
expected to continue further also.
Problem is that
even gap downs and gap ups are also not having its impact on Volatility index.
It is still hovering at 18 around levels.
In the coming
week consider 17295 as important level. Below which bias will be negative and
above it the bias will be positive.
Trade
Accordingly.
