je_sh
Short

#LETSTALKABOUTMARKET - NIFTY

NSE:NIFTY   Nifty 50 Index
A top is made and one can enter into a short trade with 9525 sl for target of 9400-9350.
Technical indicators:
RSI - rsi is falling after making a high which showcases that nifty is losing it's steam.
MACD divergence- MACD cross has taken place which supports our theory.
Keep strict sl- 9530.
*It is my opinion and i am not sebi registered*

Comment if you agree or share your idea if you disagree.

Comments

ALREADY STOP HIT
Reply
je_sh WILYTRADER2020
@WILYTRADER2020, yes stop was at 9530. Can't fight the market!
+1 Reply
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