SHORT TERM || NIFTY || SELL ON RISE

Apr 1, 2019

One might want to sell Nifty on rise based on today's price movement with SL placed at 11740 and targets of 11630/11591. All levels are cash levels. A divergence is seen on the RSI and price action on the Bank Nifty also supports the move. Its a good idea to book profits on longs and wait on the sidelines.

Apr 2, 2019

Trade closed manually

Did not hit the SL nor did it hit the target. Exiting with Minor gains.