Nifty has broken channel for downside in 30 mints and it has come up to retest the levels also now retest has been completed. Chances are high, this could reverse for the target of 18616 levels. let's see where it goes our stop loss is very small at 18755 and now nifty is trading at 18705. If anybody wants to go short can go with given levels.
Always follow strict stop loss to save yourself from unexpected market move.
I have a option trade.
Buy nifty june 18700 ce at 72 now
keep stop loss at 51 target we can see 102/127/155
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Disclaimer:- Always do your own research or consult with your financial advisor before taking any trade.
Regards
Rahul Pal