dvpk1968
Short

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

CONS:
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
Today, Nifty has gaped-up and filled in to the given zone. Once should have a tight SL
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