utsarg12344

Double top Nifty

Short
NSE:NIFTY   Nifty 50 Index
FOR THE PAST TWO MONTHS THE INDEX HAVE TRIED TO BREACH THE LEVEL OF 15300 BUT HAVE FAILED TWO TIMES TO DO SO MAKING A DOUBLE TOP AT THE LEVEL OF 15300 ON DAILY CHART . IF NIFTY BREAKS THE SUPPORT LEVEL OF 14500 WHICH IT COULD AS THE US 10Y BOND YIELDS ARE RISING AND MORE CORONA CASES ARE COMING EVERY DAY AND THE INDEX IS TRADING BELOW ITS 20EMA SO FOR SHORT TERM ONE COULD SHORT THE NIFTY FUT FOR A TGT OF 14350-14300-14250-14200 BY TRAILLING STOP LOSS.

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