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Nifty: Chart set up and trading view

Short
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns NIFTY tradingview short futures options CALL put tradingidea
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trendanalysis chartpattern nifty tradingview short futures options call put tradingidea
Nifty
CMP 14616

Last time we had suggested a bounce back towards the upper end of the channel

- Current rally is an extension beyond the channel similar to what we saw at the lower end of the channel ( a kind of mirror image pattern)

At current levels it provides good Risk::Reward ratio to go short....


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