natarajanshankar

Time for a small correction - Nifty June series.

Short
NSE:NIFTY   Nifty 50 Index
After many successful All time High's breakout, Nifty is heading towards a small correction.
Execute short below 15600 for 250 Points target in a positional trade. After that the Rally on upside will continue as our overall market sentiment is Bullish .

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Disclaimer: Kindly do your own analysis before taking any trade. This view is for educational purposes only.
Comment: wait for the double top to happen. Enter Short at 15750, if Index reverses from 15775.
Comment: Short executed near 15750 and given 150 points profit. But the trend reversed on 14th June. Now it travels in a channel of 300 points.
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