Key highlights: 💡⚡ 📊 Currently NIFTYIT may take support of level 28663 which was previously working as resistance. 📊 If it is breaking support level one can go for SHORT into IT sector. 📊 Example : MPHASIS & COFORGE for SHORT. IF SUPPORT LEVEL IS BREAK THEN ONLY GO FOR SHORT TRADE. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to...
Low risk SHORT entries based on Pitchforks.
Price has show here that it may come down abit at the fork resistance. We also have good frequency on the sliding parallel line which is marked in pink arrows, to verify the fork. If price does decide to hold as resistance and drop a bit from here look for 2428 and 2417 as support. I would be watching closely the 2450 level as resistance as well. Price is...