(Intraday) Short! Nifty

NSE:NIFTY   Nifty 50 Index

1. The Shooting star formation On Hour and 15Min Chart.

2. On 15M. It indicate the price has just retraced to 61.8%
(High Probability of Down Trend move) from last High and low.

3. Let find the expected downfall with ABCD Pattern .
If D=1: 15080 if D=1.28; 15050

4. Put Call Ratio is 0.91 ( Market is in Bearish Mode).

Sell Below: 15149 Target 15116, 15090 Stop Loss:15176

Comment: Please follow the trade only if market start with red


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