NeeteshJain
Short

NIFTY - Trending Another Dip

NSE:NIFTY   Nifty 50 Index
It has been observed that the price action created a double top at 10880-90 zone and then fall further and now facing resistance at 10850-60, indicating further weakness and trending down sequence.

T1- 10750
SL-10880
Trade active
Comment: Incase we close above 10880 levels then it shall further hit the stops and reach higher high. Holding shorts as per the closing.
Trade closed: stop reached: Market did create a new high and went higher above the resistance. Markets rallied but technicals and fundamentals not supporting much.
gann theory is telling different
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Hi sir, Great analysis as always, look at this nifty chart setup and post your views.
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