ssen

Weekly trendline broken.. more downmove expected

Short
ssen Updated   
NSE:NIFTY   Nifty 50 Index
Weekly candle closed below trendline. If on Monday price breaks today's low, trendline break will be confirmed. Next major target for short trade will be around 11066 - 11130 zone, where it will reach next major weekly trendline. If it breaks that too, it should reach 10000 level in no time.
Comment:
price coming close to the target as anticipated.
Trade closed manually:
market entering into a sideways range, so manually exited trade.
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