Nifty is showing an obvious LH formation from the top level which suggests some profit booking is in order.
I have hence initiated a Mean reversion trade on the short side for target till 24,260 level.
I'm not doing the same on BN yet.
I have hence initiated a Mean reversion trade on the short side for target till 24,260 level.
I'm not doing the same on BN yet.
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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.