indiamarketoutlook

Nifty: Would it continue or are the legs getting tired???

Short
NSE:NIFTY   Nifty 50 Index
Nifty

On rise, one may look to sell Nifty.
T1 and T2 are highlighted in charts

SL one may keep a SL at 17442 for Nifty


Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

Trade closed: target reached:

Nifty gave ample opportunity to sell in the morning...

T1 done

Consider partial profit booking at current levels and revise SL to 17345 for balance to ensure profitability in trade

Like, Follow and learn for more such trading ideas

Happy trading...!!! 😊
Comment:

Book profits and shut shop for the day and enjoy...!!!

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.