Nifty 50 Index
Short
Updated

NIFTY CHART FOR 20 JUN 22

286
NIFTY SEEMS TO BE RANGE BOUNDED FROM 15200-15400. ON UPPERSIDE 15535 WILL BE A GOOD RESISTANCE. 15200-15170 IS A SUPPORT AREA.
trade plan for 20 jun 22;
i) will try to short nifty on 20 Jun 22, if it breaks it's support or any negative candle at resistance.
ii) will enter a short strangle in nifty as my view on nifty is sideways to downtrend.
Note
as expected nifty is struggling in 15200-15400 range. i have entered short strangle.
Note
if nifty breakdown 15200, then it will try to test 15000

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