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Indextraderpro
Sep 29, 2021 5:49 PM

NIFTY for 30-09-2021 (Expiry) Short

Nifty 50 IndexNSE

Description

Simple analysis. Nifty looks bearish it almost tested 0.618 Fib level twice. And looks like Double bottom confirmation.
Short below 17690 can expect very good R:R since the market looks in bearish sentiment. Nifty should sustain above 17800 for buying. Buying target 17900.
Maintain trailing SL and manage risk well.
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