yndesai

Nifty in significant selling zone

Short
NSE:NIFTY   Nifty 50 Index
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2
Zone marked on Chart is where selling have occured with significant volume

However since tradingview charts do not provide volume data you need to check on other websites for volume enabled chart
Comment: Raised issue in support site.
http://gsfn.us/t/51xsc
Comment: Significant volumes in last half hour lower close will conclude its a last hour friday selloff
Comment: 10300 level is where bulls slaughtered bears last time. This level gives edge to bulls let's wait and see.
Comment: we are back at this level. breach of 10350 ~10300 levels will signal clear win of bears.

Comments

I am having nifty 10400Ce @78 ?? Should i exit ??
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yndesai Amitgandhi1992
@Amitgandhi1992,
I don't give anyone recommendations on what they should do with their position.
Did you not identify stoploss while taking buying this option. ?

My opinion is nifty is weak if it trades below 10250 so long positions can be liquidated.
Again this is trade to trade it might start going up from there as well.
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