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Pondy_Traders
Jan 5, 2023 3:39 AM

Nifty trade setup for Jan 5 - Intraday Short

Nifty 50 IndexNSE

Description

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
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