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
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Short 1 ~ Lot Nifty Future Jan Expiry ~ 17975, Stop Loss And Target Spot Level Basis.
Comment
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Avoid Stop If Open Near ~ 18090, Trailing Stop Loss ~ 18155, Spot Basis.