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Nifty - Bearish ABCD Pattern - Short
Nifty 50 Index
Short
Nifty - Bearish ABCD Pattern - Short
By Caapinves
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Updated
Jun 8, 2020
2
10
10
Jun 5, 2020
Nifty has formed Bearish ABCD Pattern.
We can go Short once nifty reaches near 10230 - 10250
Target 1 - 10100
Target 2 - 9900
SL - 10400
For Option Contract:
Sell - Call Option - 10300 CE
Sell - Put Option - 9500 PE
Buy - Call Option - 10400 CE
Buy - Put Option - 9400 PE
Disclaimer: Kindly do your own analysis before executing trade
Jun 8, 2020
Trade active
Shorted @ 10250
Jun 9, 2020
Trade active
Target 1 Reached 09/06/2020
Jun 11, 2020
Trade closed: target reached
AB=CD
Harmonic Patterns
Caapinves
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