Nifty breaking the support zone. It is good to wait for a retracement and then the fall could be continued.
It will be good to add some puts at the 18000 zone.
Wait for a reversal from 18000 level.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
It will be good to add some puts at the 18000 zone.
Wait for a reversal from 18000 level.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Trade active:
Market has moved to bearish side and starting falling down.
Once the 17800 is level is broken, we can see it go till 17150 levels.
Once the 17800 is level is broken, we can see it go till 17150 levels.
Now, it can be sideways for a day or two to continue the fall. It will be good to short calls or buy puts for January month.