Greetings, I have a trade proposal to share regarding the Nifty index. Based on a bearish pattern observed, it may be worthwhile to consider shorting the index below the 17310 level. Please note that this entry is only valid if the 1-hour candle closes below 17310, and we can take the entry on the retest. It is advised not to short before the 1-hour candle closes below 17310, and I will update you on when to short.
The target for this trade is approximately 450 points with a stop loss of not more than 200 points. It's important to keep in mind that this is a positional trade and may last for several days. Please manage your trades accordingly, but I want you to know that the profit is almost guaranteed. I will let you know of any further updates. Just so you know, this is not financial advice, and you should consult a licensed financial advisor before making any investment decisions.
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