AbhishekHSinghCMT

Nifty - Careful At Tops & Sell Below 14885-14900

Short
NSE:NIFTY   Nifty 50 Index
Sell Only Below 14885 - 14900 for target downside mentioned below ( No Selling - If Nifty Crosses above 14900)

14645 / 14450 / 14265
Comment: 10:24 Hrs / 8th April2021

Last Price- 14940

Day High @ 14949

Moving above 14900 - As suggested in main idea selling has been invalidated but as a trader be cautious ----------below 14900-------as a dip is still expected which has potential to reach first 14645-14650 - later falling below 14645 - more downside can be expected.

14885-14900 is the zone for the day which will play big role. Thanks
Comment: 13:29 Hrs / 8th April2021

Last price @ 14960

Price halted or stopped exactly at 14885 by 12:15 pm today --------which was key level & 14885-14900 - key zone which decides next action
Comment: 14:24 Hrs / 8th April2021

Last price@ 14939

Have patience - reattempt of 14980/14990 possible or break below 14885 should be taken as sell as suggested earlier
Comment: 09:56 Hrs / 9th April2021

Last Price@14855

Good Morning!

Index opened today as well from 14885 levels & slipped to 14800 - Bias is negative & I am open for the downside 1st target - 14645

14645-14655 is the next support zone where Index can halt or stop once fall starts
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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Comments

Thank you for sharing.
+3 Reply
AbhishekHSinghCMT AnandaSuresh
@AnandaSuresh, Welcome
Reply
How are you sir ? Thank you and missed the learnings from your charts 👍
+2 Reply
PABHATT arul1021988
Reply
@arul1021988, Good & Hope you too safe. I will try my best. Thanks & Happy week ahead
Reply
useless Idea😡
+1 Reply
Welcome back to the battlefield! We were missing you commander.
Reply
2 good
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@akhil2fast, Welcome
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Thanks for the right updates ...........
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