Nifty - Fib Retracement - Short

Updated
Nifty has retraced from the bottom to 9859 as now in the retracement zone. We short the Nifty and nifty will go down upto 8600.

Short Nifty @ 9550
Trg 1 - 9200
Trg 2 - 9000
Trg 3 - 8800
Final Target - 8665

Option Traders -

Sell Nifty 10000 CE .
Sell Nifty 8500 PE .

Buy 9400 PE
Trade active
Trade active
Nifty Trading 9250
Trade active
Target 1 - Reached
Trade active
Correction: Shorted Nifty @ 9380
Trade active
Nifty Trading 9150
Trade active
Nifty Correction End. Nifty is going to Fall Now.
Trade closed: target reached
Target Achieved - 8807
Fibonacci

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