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NileshChavan

Nifty More Selling is Possible

Short
Nifty 50 Index (NSE:NIFTY)  
NileshChavan  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Wave Analysis Harmonic Patterns NIFTY nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftylong niftyshort
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trendanalysis waveanalysis harmonicpatterns nifty nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftylong niftyshort
Nifty Sell Near 11830-11840 Stoploss 11900 Target 11700-11650
Reasons for Trade-1. Nifty has formed strong bearish candlstick pattern on daily as well as Weekly chart. 2.Price closed below important support of 11880 on daily chart. 3.on 15 minute chart price closed below 50+200 EMA 4.Price is ready to break the 15 minute trend line formed on 19th june 5.Risk Reward Ratio is More than 1:2

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