pradeepvee

Nifty shorting opportunity extension

Short
pradeepvee Updated   
NSE:NIFTY   Nifty 50 Index
Yesterday daily charts candle broke thru supports 17350, 17285, 17170. Now nifty daily support resting on 16800 range will not hold as the daily candle yesterday completely pierced thru the body of previous support candle in that zone.

Buy zone will be shifted to 16300 zone as per weekly charts.

Nifty even if opened above from yesterday close may break thru the existing support @16800-16775 range. Please follow 20, 50 DMA lines also for resistance & supports.
Trade active:
first buy zine is fractured now so we have to look into the second one @ 15500-800 zone.
Trade active:
be ready to go still beyond 15500 by this week end target seems to be 14500 soon by April mid
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