NeelamN

Nifty Expiry View 10 June 2021

Short
NSE:NIFTY   Nifty 50 Index
Nifty broke the Higher Low of the previous Uptrend, making a Lower Low - Lower High formation.

This can be considered trend reversal.
Nifty may halt at this level between 15700 - 15500

If flag breaks down making LL below 15560, or makes a bearish candle pattern supporting bearish view, we may go for short.
else price may halt here before continuing the downward journey...
Trade closed: target reached: Bearish trade not triggered.
Sold Puts after first HL was made at around 11.30

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