RajatYadav

Possible Channel Top Nifty- Buy puts on small rises

Short
NSE:NIFTY   Nifty 50 Index

1) Observe every breakout above the high in this channel- It comes back and test the breakout point. This is sign of weakness.
2) Channel top clearly visible
3) I was hoping for a clear breakout on the upside ( was low probability) The morning failure confirms what we already know, bull are not that strong.
4) Looking to short
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