Equity-Earningz
Short

Nifty - Where to short a Pullback?

NSE:NIFTY   Nifty 50 Index
#Trendfollowing

After the craziest fall, nifty is pulling back. So where to short a pullback?


A - Bearish Flag Breakout


B - Price Percentage Change Projection


C - Traditional Price Range Method


D - Retracement Levels



Whether to short options or short futures is entirely depends as per your money management and risk appetite, but don't buy PE's expecting for a huge gain.

Which level is best to short depends on how the price is approaching a particular level. These are not touch and trade levels. So we need to watch price action before trading.

If you have any doubts about the above, do let me know in the comments.

Comments

How point C was calculated?
Reply
@harsh1par, It's Previous pullback Range 1680.70 added to low recent swing low 7832.55 = 9513.25 Level to watch as a resistance.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out