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Siddharth1707

Strong rejection in NIFTY

Short
Nifty 50 Index (NSE:NIFTY)  
Siddharth1707  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns sellsignal
0
0
trendanalysis chartpattern sellsignal
We saw the price had a strong rejection near 16000 levels. This might give us a clue about the long-term bearish outlook in the market right now.
Possible trade options
Bear put spread, Naked put calls

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