As of now Nifty made double top and in range as marked on chart. A close above 11080 will trigger upside and A close below 10950 will trigger downside. Since nifty is in range for some time, big move is awaited. So trade accordingly
Trade active
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Short triggered. Keep SL at 11010
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Update on Nifty view Bounce can be sold off...
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Trade is going well as analysed. Now we got HNS failure on Nifty which showing the possibilities of 10250 as target. Traders should look sell on rise market and who’s riding the position can revise the SL to 10890. Follow this thread for latest updates.
Trade closed: target reached
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TSL triggered. Made low of 10670.50 from our entry 10950. (280pts)