The trade has successfully reached the target levels.
🔹 Trade Recap
*Entry:** Sell near 25,700
Stop Loss:** 26,100
Target: 25,320 ✅ *Achieved*
🔹 Update
The double top breakdown played out as expected, and Nifty slipped toward the 25,300 zone after breaching the neckline near 25,700.
Traders are advised to **book profits** at current levels and **close short positions** as the target has been met.
Further direction will depend on whether Nifty sustains below 25,300 or shows signs of consolidation and reversal.
🔹 Trade Recap
*Entry:** Sell near 25,700
Stop Loss:** 26,100
Target: 25,320 ✅ *Achieved*
🔹 Update
The double top breakdown played out as expected, and Nifty slipped toward the 25,300 zone after breaching the neckline near 25,700.
Traders are advised to **book profits** at current levels and **close short positions** as the target has been met.
Further direction will depend on whether Nifty sustains below 25,300 or shows signs of consolidation and reversal.
Trade closed: target reached
Target: 25,320 Achieved
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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.
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.