NeeteshJain

Nifty - Weakness Ahead (Breaks 8500 Support)

Short
NeeteshJain Updated   
NSE:NIFTY   Nifty 50 Index
It is been observed that the price action breaks and closes below 8500 levels yeterday on day chart, indicating further weakness ahead. Now, it shall move further down to next support levels of 8440-8400. Regards

Target: 8440
Target 2: 8400
Stoploss: 8675

Trade active
Trade closed: target reached:
Target 1 was achieved successfully, now looking for Target 2 at 8400 levels. Regards
Trade closed: target reached:
Today, Target 2 was also touched and achieved successfully. Regards
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.