B-Power

Nifty look Bearish

Short
NSE:NIFTY   Nifty 50 Index
Hi,
1. Nifty is been up trending Channel from last 4Weeks.
2. FII sentiment are negative. They have sold more than 244000 Cr from the starting of 2022. Highest sold ever by FII in Indian market.
3. So, Nfty has been kept hold by DII and Retailer.
4. But SGX Nfty currently trading around 16050.
5. INR /Dollar at near Highest level.
6. Sell Below:16140 target :16000 , 15900 Stop Loss : 16205

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