TradingView
TRADINGNASA
Jun 19, 2023 7:17 AM

Nifty Short opportunity  Short

Nifty 50 IndexNSE

Description

Hello Trader,

I wanted to inform you about a potential short opportunity in Nifty. The market is currently forming an AB = CD pattern, which indicates a possible downward movement in the near future.

The critical level to watch for this short opportunity is 18822. Once the price reaches or approaches this level, it could be an opportune time to consider initiating a short position.

Remember to perform your own analysis and closely monitor the market before making any trading decisions. Stay updated with the latest price action and key levels to confirm the validity of the pattern.
More