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Nifty 50 Index
Short

SELL on rise playing out?

By hindsaga
Updated
Prices nearing resistance, failing to move above upper TL, expect it to move towards support TL near 9900.
Trade active
Sell here at 10006 with small SLdays high@10013, for the target of 9900 approx. All levels are nifty Spot.
Trade closed: stop reached
SL hit, small fee to test the waters.
Trade active
Not sustaining above upper TL. SELL here@10012, with SL placeddays high@10029, for the target of 9900 approx. Need to carry overnight.
Trade closed: stop reached
Closed@10035NS, 23 points loss.
NIFTYWave Analysis
hindsaga

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