Nifty 50 Index
Short
Updated

Nifty - Made a Lower High, Failed to reach previous High.

Today's price action indicated weakness as it failed to reach out to previous high levels of 8840. I believe sellers are now in dominance and the prices shall further move down tomorrow.

Target 1: 8747
Target 2: 8700
Stoploss: 8840
Trade active
It again failed to reach Higher Highs, indicating weakness. Prices shall move further down to achieve target 1
Trade closed: target reached
Target 1 and Target 2 achieved.

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