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Nifty 50 Index
Short

Nifty Short - Parabolic SAR + Fibonnaci

By Aashish_IIM
Updated
Parabolic SAR closed the gap with price and indicated price reversal. Fibonnoci price projections shows 8657 as short term target. Stochastic also shows oversold trajectory and Arron Up will cross Aroon down indicating short. Ascending triangle pattern breakout at lower side..

Ananlysis for educational purposes only
Note
Heading towards 8600 and move could be fast.. Going as per technicals
Technical IndicatorsTrend Analysis
Aashish_IIM

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