Nifty is looking weak as its Bluechips HDFC & HDFC Bank both have broken imp levels on downside.
Trendline support for MACD is broken and if Nifty starts to trade below 10790 it would open lower targets of 10740 !!
Most Probably Nifty is now in Wave 3 on downside !!
Short Nifty @ CMP ( 10840 )
Target : 10743 & 10631
Sl : 10860
Trendline support for MACD is broken and if Nifty starts to trade below 10790 it would open lower targets of 10740 !!
Most Probably Nifty is now in Wave 3 on downside !!
Short Nifty @ CMP ( 10840 )
Target : 10743 & 10631
Sl : 10860
Trade active
Bring Sl @ cost 10840 !!Trade closed manually
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Related publications
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.