TradingView
midhanesh
Apr 11, 2017 8:24 AM

nifty sell on Rally mode Short

Nifty 50 IndexNSE

Description

Nifty Might break this channel on downside
Time to play in this choppy mkt
Vix also inching upwards

Comment

BOOK SOME ...SL @ HIGH

Comment

made low 9161 booked...Intraday

Comment

strategy worked...

Comment

staying in channel...NOW @9139 Still sell on rally

Comment

yes repeat

Comment

This channel pattern might break within 2-3 days
Comments
ibulled
Looks like Pole-flag
neneram
My view ,
Watch On Daily chart it is reversal candle today.
Now if you consider rally from 27 march to 5th april as A leg and next fall as B leg , Than today B leg ended and seems C leg started and it can go to new high.
midhanesh
@neneram, yes might be a C leg.. Thanks a lot
More