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natarajanshankar
Jun 9, 2021 11:30 AM

Time for a small correction - Nifty June series. Short

Nifty 50 IndexNSE

Description

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.

Kindly share your valuable feedback.

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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