Yesterday , The Index closing below the " jnsar trading formula " line is all the reason an index trader needs to short the index.
Last time the T7 JNSAR Indicator flipped for a signal is a 425 point uptrend in 16 Trading days.
Forget reading charts, just look for this one indicator if you are a positional Index trader.
The T7 JNSAR indicator for the Nifty is available to use on The Indicator Library of TradingView.
Trade active
⋅
Keep it cool, zoom in and look closely, the index is still below "the T7 jnsar trading formula line" . Keep watching and follow the rules of the jnsar trading formula.
Trade closed: stop reached
⋅
The index closing above the jnsar line is the time to close short position and go long