Nifty This Week entry with 1:3 RR Ratio

By NileshChavan
Nifty has Formed Negative Divergence on Weekly chart and also closed below Monthly Resistance level of 11750. Nifty May Come down to fill the gap near 10700-10680 But entry near 10640-10650 Will provide us good risk reward ratio for 12000 Target.Risk Reward for this trade is 1:3
Chart PatternsTechnical Indicatorsnifty50niftyanalysisniftybankniftyindianiftylongniftyoutlookniftypredictionniftyshortniftytrendTrend Analysis
NileshChavan

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