NIFTY 50 is at the top of its rising wedge. Although my previous SENSEX analysis is not going according to plan I can see a good risk reward here. NIFTY looks poised to go up as other market analysts are saying and this time I am willing to bet against them. Its a risky trade. Don't copy blindly!
Trade closed: stop reached:
I suck at trading Indices. It was anyway a hopeful trade.
-1.69R
-1.69R