NIFTY Short - Daily Income Trade

NSE:NIFTY   Nifty 50 Index
1. NIFTY is in a strong down trend on daily, 75 mins and 15 mins time frames
2. On 15 mins, there is excellent level: Drop Base Drop @10333 - 10367, if prices reach this level one can go short
3. This will give easily RR of 3 and one can trail the Stop loss for more profits as overall NIFTY is strongly downwards bias

1. SGXNIFTY is ended very positive. So, tomorrow if the market GAPS-up very positively and either opens in the the zone or above then this will not be valid

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.