ZSquare09
Short

Nifty Daily - Shooting Star

NSE:NIFTY   Nifty 50 Index
got a nice up trend since april2018..
today almost touched the 11K mark and gave a sell off thereby creating a nice Shooting Star pattern which is a bearish trend reversal pattern..
expecting nifty to retrace back to ard 10600 levels..
Trade closed: target reached: book partial profits and partially keep a stop above 10520 and wait for a downside till ard 10100-10200..

Comments

Good call. Keen to know what's the basis of 10600 level based on what fib retracement?
Reply
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