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Rahulnirwan
Aug 26, 2020 11:12 AM

Nifty analysis for September 2020 Short

Nifty 50 IndexNSE

Description

Rising wedge pattern is appearing in Nifty which indicate that market will turn bearish in September month. I am expecting nifty to trace 10800 level in next month.
Comments
Rahulnirwan
Target Achieved
:-)
innocentHawk9367
I have shorted nifty @ 11580 sep series. How much time I have to hold the position to get price of 10800??
Rahulnirwan
@innocentHawk9367 enjoy profit ride now
innocentHawk9367
@Rahulnirwan, should I book profit or wait for 10800??
Rahulnirwan
@innocentHawk9367, today it was news based move bro ..no technical involved but nifty has break trendline so holding till tommorow will be better and we will have better picture then.
Rahulnirwan
@innocentHawk9367, ope you got your profit..
Rahulnirwan
you can hold with strict stop loss. I have shorted sept series future at 11560 today
ckirtane
i am short in nifty ,should i carry over short position for sept?
Rahulnirwan
@ckirtane I think you must be carrying good profit now
ckirtane
@Rahulnirwan, booked profit in 2 lots kept 1 for target of 11275/250.
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