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Nifty 50 Index
Short

Nifty Short Trade Setup!

By diceytrade
Updated
Nifty Facing Strong Resistance Near ~ 18090, Spot Level. Weak RSI And Closes Below 50 ~ Day Exponential Moving Average ( EMA ). Short Near ~ 17920, 17940, With Stop ~ 18080, For Target ~ 17382, Expected Target Jan Expiry.
Trade active
Short 1 ~ Lot Nifty Future Jan Expiry ~ 17975, Stop Loss And Target Spot Level Basis.
Note
Avoid Stop If Open Near ~ 18090, Trailing Stop Loss ~ 18155, Spot Basis.
Trade closed: stop reached
exponentialmovingaveragesshortsetupswingtradingTrend Analysiswedgepatterns
diceytrade
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