KumarAbhilash
Short

nifty- impact of global scenario

NSE:NIFTY   Nifty 50 Index
238 1 9
market always needed a reason to correct, this time dow jones gave that reason. as its clearly visible a reversal pattern has formed in DJI index. impact of this sell off in global market can be seen in our market also.
nifty             broke its support of 9490 at the opening and gave a shorting oppurtunity.
on hourly chart
snapshot

first support / target of short will b 9440 breaking that we will see a level of 9360.




Comment:
snapshot
Comment:
snapshot

target 1 achieved in shorts
9448 (trendline support)
Comment:
snapshot
Comment:
snapshot

bounced from target 2
Trade closed: target reached
Nice one
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