yuvrajsingh7722

nifty "flag" formation in progress

Short
NSE:NIFTY   Nifty 50 Index
The price significantly came down and has lost some of its momentum..which lead to formation of flag.
the flag is bearish is nature and hence market shall continue the fall.
short at the break to the downside.
At the break downside stop loss will be at 8600.
Comment: To be more cautious trade when the price closes below 8540 levels
Comment: going as good as anticipated.
Trade active

Disclaimer

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.