NIFTY has retraced to 78.6% from previous low and is at critical point. It might reverse from here.
But it has formed a bullish flag with RSI and Stoch indicating bullishness.
Since it is against trend Strict SL is needed.
One can go short at or below 10386 with SL at 10405 for T1 - 10338 T2 - 10292
But it has formed a bullish flag with RSI and Stoch indicating bullishness.
Since it is against trend Strict SL is needed.
One can go short at or below 10386 with SL at 10405 for T1 - 10338 T2 - 10292
Trade active
Comment:
We can re-enter with SL at spot 10420
Comment:
Made low of 10345
Comment:
All targets reached
Trade closed: target reached
SL hit