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Nifty 50 Index
Short
Updated

Nifty trade setup for Jan 5 - Intraday

80
Nifty has formed Double Bottom and broken the neckline. Looking for a good sell opportunity.

If Nifty retraces, then we can look for shorting opportunites near 18130-18180.

Entry: 18130-18150
SL: Any closing above 18200 in 15 min
Target: 17900

Keep an eye on Nifty 18200 PE for this expiry.

Trade closed: target reached
Target has reached
Mojo_0906
BANKNIFTYbankniftytrendChart PatternsDouble Top or BottomintradayintradaytradeNIFTYnifty50niftyanalysisniftytradesetupniftytrendTrend Analysis

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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.
BANKNIFTYbankniftytrendChart PatternsDouble Top or BottomintradayintradaytradeNIFTYnifty50niftyanalysisniftytradesetupniftytrendTrend Analysis
Mojo_0906

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.