Re-Entering Nifty Future on the Short Side, As Trendline Resistance is seen and also Candle formation in bearish. So I am Going Short on Nifty Future Around 16620 With Stoploss of 16750 And Expecting Targets of 16300- 16000 in Next 2-3 Trading sessions
Trade closed: stop reached:
Stoploss Hits by 7 Points only and What a Turn around from there. Our Stoploss was placed at 16750 and Nifty touched high 16757 !! But SL is SL and we are stop out.