Nifty 50 IndexShort
8832 Bearish kicker possibility
Updated
Reason for short
a) Bearish kicker opening in gift nifty
b)If found any bearish engulfing or shooting star at 20180 level can be considered for shorting with SL as this is the decision turning point.
c) channel breakdown also possibility
d) if price below yesterdays vwap ie, 20130 closing in 15 min can be considered as super bearish for intraday
SL compulsory
a) Bearish kicker opening in gift nifty
b)If found any bearish engulfing or shooting star at 20180 level can be considered for shorting with SL as this is the decision turning point.
c) channel breakdown also possibility
d) if price below yesterdays vwap ie, 20130 closing in 15 min can be considered as super bearish for intraday
SL compulsory
Note
intraday target of 50pts doneBearish kicker confirmation given by market now
Expecting another 150 pts down fall as correction
Trade closed: target reached
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