Nifty 50 IndexShort
Potential Trade Setup: RISE ON SELL
Potential Trade Setup:
Based on the chart and the provided information, a potential trade setup could be:
Entry: Sell at the current price (around 25950) if the price falls below the resistance level (around 25050.
Stop Loss: Place a stop-loss order at 25120 to limit potential losses.
Target: The potential target for this trade is 24880 - 24850.
Disclaimer: This analysis is based on the provided chart and information. It's important to conduct your own research and consider other factors before making any investment decisions. Technical analysis is a tool to help identify potential trading opportunities, but it doesn't guarantee profits. Always consult with a financial advisor for personalized advice.
Based on the chart and the provided information, a potential trade setup could be:
Entry: Sell at the current price (around 25950) if the price falls below the resistance level (around 25050.
Stop Loss: Place a stop-loss order at 25120 to limit potential losses.
Target: The potential target for this trade is 24880 - 24850.
Disclaimer: This analysis is based on the provided chart and information. It's important to conduct your own research and consider other factors before making any investment decisions. Technical analysis is a tool to help identify potential trading opportunities, but it doesn't guarantee profits. Always consult with a financial advisor for personalized advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.