Nifty what's our view

Nifty 17894 - nifty as couldn’t held its support 17940, hence we entered short below 17929 yesterday. We expect 17840 will be as trend decider.
Market movers have closed all positions and volume study suggests heavy short selling.
Will be looking for short selling opportunity below 17840.

Note

Short Term Trade entered : Thirumalai chemicals 198 @ 10:08 on 17/1/2023

Note

Trade entered : 18050 PE @ 143 @ 10:14

Trade closed: target reached

Target1 -
trade entered 18050 PE @ 143 @ 10:14 - trade closed at 163 @ 11:17

Note

Target2
trade entered 18050 PE @ 143 @ 10:14 - trade closed at 180 @ 13:27

Note

trade entered 18000 PE @ 132 @ 13:38-

subravi

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.