Nifty 50 Index
Short
Updated

Nifty Short Trade Setup!

107
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

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.