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davidtrader1906
Aug 23, 2022 3:02 AM

False Breakout  Short

NSE:NIFTY1D
Nifty 50 IndexNSE

Description

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It was false breakout given by the nifty.
Pushed into the trendline again. One can definitely short the market by keeping a SL exactly at trend point.
Prediction - Nifty can touch and hold 16650 and even more fall if nothing supports the market.
Trend AnalysisChart PatternsTechnical Indicatorsfalse_breakoutshortsetupbearrun
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