avito123

Nifty 50

Short
avito123 Updated   
NSE:NIFTY   Nifty 50 Index
formation of 3 black crows on daily chart showing bearish sentiment
profit booking may be seen

depreciating rupee value
crude oil
volatile market

tenkon below kijun
closed far below 50 MA
broke 11250 important level
senkou A acting as support
chikou not in free area

on the upside may check 11300 levels for resistance(61.8% fibonacci levels)

details shown on chart
may test 11075 previous all time high again on the downside
Comment:
may open with a gap up after a holiday and improving rupee value...
lets see if there occurs any supply zone in the later half of the trading day
Comment:
nifty testing supply zone
Trade closed manually:
booked profits at 1300 levels
30 points profit only :(
Trade closed: target reached:
trade again active in afternoon session
booked profits
:)
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