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Nifty The Big Short

Oleh MehulJain3a
Diupdate
NIFTY

Big Pin Bar on weekly charts
indicating huge selling pressure.


ALWAYS SHORT WHEN U SEE BIG PIN CANDLE. STOP LOSS ABOVE THE CANDLE & EXPECT BIG TARGET

HIGH REWARD LOW RISK.

Sell Range - Rs8050 to Rs8200
SL - Rs8345 (daily Close)
Target 1 - Rs7700
Target 2 - Rs7400
Target 3 - Rs7250

Potential Return - 11%
Potential Loss - 4%
Catatan
BankNifty The Big Short
Catatan
Nifty Trendline Resistance
Catatan
to see previous idea on nifty click on above chart
Trade aktif
opened short @ 8235
Catatan
closed @ 7976
Catatan
nifty may try to test 7930 level, but if unable to break tomorrow nifty can reverse back to 8050 or 8100 levels.

think it as a selling opportunity.

note : don't be on buy side in downtrend market. trade with the trend.
Catatan
Nifty TrendLine Break
MehulJain3a

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