SHORT NIFTY
NIFTYShort Term downtrend looks prominent on the charts. On 13.06.2018 NIFTY managed to close UNTOUCHED above Upper Bollinger Band (10,1) which indicates it is overbought. Close below that candle (low on Heikin - Ashi), 10,793, would be great shorting opportunity with a STOP LOSS at 10,900 (high on Heikin - Ashi on that candle)
Trade closed: target reached
Cover NIFTY Short and book profits.Trade closed: target reached
Book Profits at 10723.
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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.