Praveen

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About me Trading enthusiast with 13 years of MNC Experience that includes working with buy side & sell side firms. Investor & trader in Indian equities & Indices for 13 years. Now managing portfolio & investments of self & clients.
Joined Bangalore, India IamPraveen1009
Eye on Nifty to go LONG
Markets Allocation
100 % indices
Top Mentioned Symbols
NIFTY 100% | 1
Praveen Praveen NIFTY, W, Short ,
NIFTY: Nifty falling below 6 months trendline on weekly chart
130 1 1
NIFTY, W Short
Nifty falling below 6 months trendline on weekly chart

Nifty has been trading in the upward sloping channel for the past 6 months. However, it seems to be slipping below the lower range on the weekly chart today. If Nifty closes below 8720 today, Short Nifty with Stop Loss of 8750 for flexible lower targets of 8580.

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