Nifty 50 Index
Short
Updated

NIFTY FURTHER FALL EXPECTED




1. Nifty took the reversal from 1.618 % from Last Low and high from Day Chart

2. It was the same point where Upper Monthly Uptrend Channel Hitten

3. Currently, Price is at 23.6% retraced from the TOP.

4. On drawing Cypher Pattern on Hour Chart. It Show Price is at B Point
Further Fall is expected.

5. Intraday, Price may rise to upto 15050.

6. Call Open Interest at 15000 has risen with 136% of 22Lacs.
But put Open Interest is 33Lacs.

7. 14950 Call Open Interest Risen by 8X.

8. PCR is 0.86. Market is in Beariish Mode.

SELL BELOW 14990 TARGET 14946 , 14900 STOP LOSS 15025

Trade active
First Target Achieved
Note
Trail the stop loss
Trade closed: target reached
All target achieved

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