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Shadab_07

Nifty Short

Short
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTYK2021)  
Shadab_07  
NSE:NIFTYK2021   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns niftyshort
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trendanalysis chartpattern niftyshort
There is a RSI Divergence as can be seen in the chart. RSI is showing a down trend but nifty is at same level. Consider shorting and target shall be 14900 level.The decrease in volume as shown by decreasing height of green candles also strengthens the above argument of mine.

Target - 14930 to 14900
Stoploss - 15160.
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