NIFTY
Big Pin Bar on weekly charts
indicating huge selling pressure.
ALWAYS SHORT WHEN U SEE BIG PIN CANDLE. STOP LOSS ABOVE THE CANDLE & EXPECT BIG TARGET
HIGH REWARD LOW RISK.
Sell Range - Rs8050 to Rs8200
SL - Rs8345 (daily Close)
Target 1 - Rs7700
Target 2 - Rs7400
Target 3 - Rs7250
Potential Return - 11%
Potential Loss - 4%
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to see previous idea on nifty click on above chart
Trade active:
opened short @ 8235
Comment:
closed @ 7976
Comment:
nifty may try to test 7930 level, but if unable to break tomorrow nifty can reverse back to 8050 or 8100 levels.
think it as a selling opportunity.
note : don't be on buy side in downtrend market. trade with the trend.
think it as a selling opportunity.
note : don't be on buy side in downtrend market. trade with the trend.
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