anandaprakash.info

NIFTY is trading in down trend. Plan for Short trades.

Short
NSE:NIFTY   Nifty 50 Index
NIFTY is trading in a down trend. Weakness continued in nifty and prices struggling to move up. We can expect nifty to fall till price reaches the 9700 level support. Also if we observe the price action, doji candles shows still buyers are not in control to push prices up. So plan for the short trades till prices reaches the strong support.
Comment: Stopped out trade. Trade closed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.