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robus
Mar 16, 2019 11:02 PM

NIFTY : Time To Short Towards 10000. Short

Nifty 50 IndexNSE

Description

Amid all the Election noise, Worlds biggest democracy has set poll date to 23rd may 2019 and will decide the future of PM Modi. I tend to believe that NIFTY will be in sharp correction of C and will continue towards secular bull upside printing iv of (3) of 5 in EW. So for next weeks looks for sell setups and trade towards.

Jai Garvi Gujarat.
Jai Hind.
Robus.

Comment

This idea is still valid, It could be forming Double top variation. Seek Sell setups with tight SL. End of Bubble.

Comment

Its begun

Comment

All Sell Setups are still valid.

Comment

Printed below 11000, Hopefully one retrace and dump again towards 10000
Comments
sumeetlunia
any stoploss?
robus
@sumeetlunia, This trade would invalidate above the orange line (Previous high). However the long term play shall be played on option, whereas for daily trading you must seek sell setups on 4hr or 1hr charts. This will guide you as general trend.
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