Short Nifty for the final shot

Apr 23, 2022

A complex correction from 18600 to 15600. Then now an evening star and a reversal pattern formed at 17400 which might see confirmation on Monday. Target now for nifty might be 14300-400.

Apr 25, 2022

Trade active

Stops at 17160 trade active.

Apr 26, 2022

Trade closed: stop reached

Stopped however will look for it in the future as well. Possibly another swing high may be even upto 18300 if at all surpassed 17400

Apr 27, 2022

Note

17000 as a decision point leading to irritation let us go long above 17300. Short below 16700.why worry unnecesary. Let it do what it has to.

Apr 27, 2022

Note

Also due to heightened volatility instead of 200 let us increase stops to 300 in the coming trade to avoid being stopped early.