Nifty Future Good Short Opportunity
Updated
Reasons :-
1.Shortening of Thrust
2.Good Effort(Aggressive Buying Volume) but no Result
3.Sign of Weakness Identified
4.Price Below Weekly & Monthly CPR , Below 55 EMA , Making LH-LL
5.Volume Increases on DownWave
6.Break of Demand Line
1.Shortening of Thrust
2.Good Effort(Aggressive Buying Volume) but no Result
3.Sign of Weakness Identified
4.Price Below Weekly & Monthly CPR , Below 55 EMA , Making LH-LL
5.Volume Increases on DownWave
6.Break of Demand Line
Note
Short at CMP / 13800 LevelsTarget 13000
Sl 14000
RR :1000:200 = 5:1
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