GauravSaini
Short

Nifty short trade setup

NSE:NIFTY   Nifty 50 Index
Nifty cmp 10694 spot
Nifty short with stoploss above 10736
first target line marked on chart approx 10658

lower targets also possible

might hold the trade overnight

not the best risk reward ration for first target
all levels are spot
anyone can take this trade provided you understand the risk of derivative trading
Trade closed: stop reached: nifty short trade stoploss hit a loss of 40 points approx ,loss rs 3000 per lot for lot size 75
nifty cmp 10718 spot ,high made so far 10726.75 spot : adding to shorts -----
Reply
CoolTrader7890 GauravSaini
@GauravSaini, shorted nifty future 10790 is ok
Reply
GauravSaini CoolTrader7890
@CoolTrader7890, should be a good trade ....nifty spot can go to 10600 in bearish scenario
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