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.

 

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 17.04. 2023                        NIFTY SPOT :   17828

 

Nifty respected the range and closed at the upper end of the range.

Now What:-

Nifty is expected to face resistance at 17898 around levels and the coming week is expected to be dull or range bound week with resistance at 17898.

Trade Accordingly.

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 10.04. 2023                        NIFTY SPOT :   17599.6

 

Hi Readers,

Nifty closed at 17599.6, It started its move with the gap up.

 

Now What:-

Till the time the gap is holding it will keep giving strength to Nifty.

The coming week is expected to be range bound with 17810 as resistance on up side and 17460 as support.

Range bound movement is expected.

Note :This blog is updated in the mid night of 09/04/2023 at 12.02 am i.e. 00.02 am on 10.04.2023

 

Trade Accordingly.

 

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 26.02. 2023                        NIFTY SPOT :   17465.80

 

As soon as Nifty broke 17803. Nifty started falling and below 17697 it became week and fell more and made a low of 17421 to close at 17465.80

Now What:-

Nifty is weak and the texture is sell on rise, more downside can be expected.

Trailing stop loss for the short positions is 17667.

Trade Accordingly.

 

 

 

 

Nifty Blog by CA. Sachin Aggarwal

 

Dated :- 20          .02. 2023                        NIFTY SPOT :   17944.20

 

Nifty went up as mentioned and never closed below 17697 thus remained bullish. It made a high of 18134 and readers would have made profit

Now What:-

View is same till it is above 17803 stay bullish.

Now the trailing stop loss is 17913.

. Trade Accordingly.

This blog is updated at 9.16 on Monday 20.02.2023

Just at the market open