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Aashish_IIM

Nifty Short - Parabolic SAR + Fibonnaci

Short
Nifty 50 Index (NSE:NIFTY)  
Aashish_IIM Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Technical Indicators
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trendanalysis indicator
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
Comment:
Heading towards 8600 and move could be fast.. Going as per technicals
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