Nifty bearish trade

6 Sep

Nifty gave a sell signal below the 25080 level which was a strong support and post that the next support is 24854 if nifty gives close below that in 15 min than the bearish move will continue.

6 Sep

Catatan

Low of 24879 indicating the strength of 24854 so new bearish trade only below that

6 Sep

Catatan

Low made of 24859 again taking support from 24854 level, wait for it to break with volume. Only after then bearish move continue

6 Sep

Catatan

Again a low below 24854 made but could not close in 15 min timeframe

8 Sep

Catatan

Gave a close below that level so expecting a bearish move to continue