Nifty Short Swing Trade 1:3.5 Risk-Reward Ratio
Ichimoku TS KS broke in 15 mins and once it breaks the cloud and price structure, we will get the confirmation.
We have shared our higher time frame view earlier today - please check:
Entry: 24280 (in case of gap down opening below this level, wait for a small pullback near TS in 5 mins)
Stop Loss: 24417
Target: 23770
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
We have shared our higher time frame view earlier today - please check:
Entry: 24280 (in case of gap down opening below this level, wait for a small pullback near TS in 5 mins)
Stop Loss: 24417
Target: 23770
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Note
Nifty opened with a gap down and retraced near our short entry point.Since it's a positional trade, we must have a hedged position to carry forward; it can't be naked selling.
Trade active
Sell Entry 24280 triggered.Trade closed: stop reached
Nifty has hit 24417
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.
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.