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mklives

Nifty..laxman rekha

Short
Nifty 50 Index (NSE:NIFTY)  
mklives Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators
20
3
trendanalysis chartpattern indicator
Nifty is at Laxman Rekha line. and looks weak
break below trendline triggers a medium term downmove
short on rise with17600 SL first trgt 17210
Comment:
first trgt achieved
next 16700 . short on rise if u get any
Comment:
couldnt cross 17600 and broken trendline with a gap. thats clear bearish. pullbacks to 17210 to 17360 is clear shorting opportunities. considering market sentiment pullbacks might be tough or very minimal
Comment:
what a fall 17330 zone.
Comment:
until the trendline is cross market will be weak
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