Looking at the global cues and SGX NIfty, Nifty 50 may open in gap down..
great short opportunity can be achieved seeing the global cues and weak market scenario
A hanging man candle is formed in 15 mins tf
if nifty 50 opens gap down and breaks the level 18600 initiate short position and with the target of 18550 and if it further breaks down the final target will be of 18500
**Disclaimer: this analysis is only for educational purpose and is my own view on nifty 50 and is not an investment advice please do your own research before investing**
great short opportunity can be achieved seeing the global cues and weak market scenario
A hanging man candle is formed in 15 mins tf
if nifty 50 opens gap down and breaks the level 18600 initiate short position and with the target of 18550 and if it further breaks down the final target will be of 18500
**Disclaimer: this analysis is only for educational purpose and is my own view on nifty 50 and is not an investment advice please do your own research before investing**