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Nifty 50 Index

short nifty

By pradeepvee
Updated
Sell Nifty @ around 18000 range or after surpassing the 20 day moving average with SL of 18100.
MACD and RSI also indicating slowness in market
Trade active
If end up below 17862 today hold the position it may get the next support only @ 17200-17200 range
Trade active
Downside still room is there, by today target should be reached. RSI oversold on 1 hr but still room left on 4hr chart.
Trade closed: target reached
target reached wait for the next candle. happy trading.
Chart PatternsTechnical IndicatorsTrend Analysis
pradeepvee

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