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NrupenM

Looks like Triangle has broken with shift in price volatility

Short
Nifty 50 Index (NSE:NIFTY)  
NrupenM Updated   
NSE:NIFTY   Nifty 50 Index
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Nifty confirmed triangle break with first 15 minute of opening. I think short can be initiated for minimum downside of 8385. Prices are currently retracing to broken line take entry at the end of retrace.
Comment:
Downward momentum started
snapshot
Comment:
Intra day traders can exit positions if they want to, positional traders can hold their positions with trailing SL
Comment:
Comment:
I think prices should halt at 8353 for some time now, waiting for price to complete its first cycle so that we can add Fibonacci Arcs to them
snapshot

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NrupenM
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