Get started
balaji_damo

NIFTY - short idea

Short
Nifty 50 Index (NSE:NIFTY)  
balaji_damo Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns
5
1
trendanalysis chartpattern
Nifty is facing resistance at top. And whenever Nifty had gapped up, it fills it up. So there are three gaps which most likely will be filled before resuming the uptrend.

Go short below 10730 with SL at 10800 for T1 - 10692 T2 - 10600 T3 - 10566 T4 - 10514

Keep strict stop loss.
Trade active:
T1 Reached
Trade closed: stop reached
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.