fcsa

NIfty Short 23rd April 2018

Short
NSE:NIFTY   Nifty 50 Index
Nifty Short:
- Ref to my Daily chart of 23rd April 2018
- Bearish Butterfly on 1hr/30min charts
- Price rise with low volumes
- April Futures expiry coming up

Trade active: Shorted at average price of 10610 (futures price)
Trade closed manually: Closed @10580 (futures price) for a very small profit. There are bearish signals and harmonics across the board but the price is not retracing. With the expiry coming up I felt it best not to trade till next week. With such low volumes, it appears that market makers are in complete control and that could be dangerous for retail traders like me.
Trade closed: target reached: 1st target reached

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter