Nifty Short Swing Trade 1:3.5 Risk-Reward Ratio

Updated
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:
Bull Run Over? Will Nifty Return to 19K? | Nifty50 Wave Analysis


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

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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
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