Nifty- Its Wedge Again? (Sell Only Below 15900)

Sell Trades Only Below 15900

Comment:

02:32 pm / 15th June 2021

Last @ 15882

15900 Level Holds. Index had sharp fall to 15855 intraday & bounced back retesting close to 15900.

Bulls can become active only if they cross above 15900 levels & our latest idea will be invalidated

Intraday Profit booking zone – 15840 to 15850 / if dips below 15840- traders can hold their sell trade.

Thanks & Have a wonderful day.

Comment:

03:31 pm- Update 3/15th June 2021 - Nifty Index

Last @ 15858

Day Low @ 15855

Intraday Target Zone 15840-15850 is almost reached. Thanks

Comment:

13:14 Hrs / 16th June 2021

Last @ 15788

Day Low @ 15755

Intraday 15750-15760 is the support zone & holding that zone -Index can do bounce upside

Comment:

13:43 Hrs / 16th June 2021

Last @ 15799

Bounce is for risky traders because Intraday trend is down & breaking of 15750-15760 it will be on its ways again for down move.

Minor resistance zone where nifty can halt its bounce 15815-15820 zone

Hope you enjoyed the move from the tops of 15900

Thanks & Have a wonderful week ahead.

Trade closed: target reached:

08:44 Hrs / 18th June2021

Nifty cracks & achieves 15900 to 15616 holding above 15606 - key level mentioned in the update.

Hope you enjoyed the fall. Thanks