Nifty 50 Index
Short
Updated

Nifty has formed Bearish Engulfing candle & looks set to decline

107
Trading Set Up "Idea" for Nifty for 15th March 2021

- A Short set up looks apt and Puts of 14,800 look lucrative if 15-minute candle closes below 14,870 level.
- In case Nifty gaps up (unlikely) decisively and makes intra-day higher highs, can go long with a stop loss at the low of previous day or below next support level of 14,800

*This is an Idea and for educative purpose only
Trade closed: target reached
Idea materialized as described

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