Nifty 50 Index
Short
Updated

Nifty: Follow up

271

Nifty
CMP 14605

Yesterday we had suggested a short when Nifty was at 14617 odd levels.

Nifty: Chart set up and trading view


Going forward, Stop loss for the Short trade can be revised from the upper green trend line to 14686

Target 14433

Take care &safe trading...!!!
Note
Nifty does a 14453 points.. a 165 point drop done....
CMP 14496
snapshot

Consider booking profits as per risk appetite OR
revise SL to Red trend line

Happy trading...!!!
Trade closed: target reached
snapshot

Target of 14433 achieved


Enjoy your weekend...😊

Follow for more such ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.