atin28

Nifty double top formation can be seen on weekly chart

Short
atin28 Updated   
NSE:NIFTY   Nifty 50 Index
Neckline broken at start of the week but if weekly close below the necklines short can be taken or a advance short positions can be taken below neckline all the time .But when ever it close above the neckline short positions need to close because of on daily chart a 200 EMA comes on 11130-150 area so a possible demand can be rise on the neckline area.
Trade active

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.