Bear Tighten Grip On Nifty!

Updated
Nifty Faces Strong Resistance Near 17400 And Unable To Break Previous Candle's High. This Type Of Pattern Indicates A Trend Reversal And A Bearish Rally Is Seen Thereafter.
Short Nifty ~ 17266, With Stop ~ 17430, Target ~ 16800, 16525 Positional Trade Setup.
Trade active
Note
Wait For 15 Minutes Price Adjustments.
Trade closed: stop reached
shortsetupTrend Analysistrendlinesettrendreversal

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