NIfty Weekly chart
Nifty looks good to short at current lvls, keeping 12901 as stoploss for targets of 12500, 12200 n 12000, won't be surprised if breaks 12000 and falls further. And Nifty PE is trading at all time high @34.5.
Trade closed: stop reached
Stop loss hit.. But still expecting the correction in nifty after touching 13400
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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.