TradingView
YS9
May 6, 2023 6:33 AM

NIFTY Short

Nifty 50 IndexNSE

Description

On break of low of 18055, it can touch near 17400 level for retracement. Momentum Indicator is also showing down side directions. Hence, atleast tight the SL for all the longs if one is not shorting.

Comment

Further to that, India Vix has given positive weekly close and momentum indicator is showing upside directions. Hence, it is one more reason to be cautious atleast.
More