About meTrading 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.
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.