Short

Updated

NIFTY BEARISH

Nifty has formed an ascending wedge pattern and a butterfly harmonic pattern on 2 hrs time frame suggesting further down move, targets are mentioned in the chart a strict stop loss for any short position to be maintained at 18188-18200 levels... this view holds good for next 3-5 days and is not an intraday suggestion

Note

first target achieved

Note

second target achieved trade closed had taken 18100PE Feb expiry

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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.