Short

Updated

Nifty..laxman rekha

Nifty is at Laxman Rekha line. and looks weak
break below trendline triggers a medium term downmove
short on rise with17600 SL first trgt 17210

Note

first trgt achieved
next 16700 . short on rise if u get any

Note

couldnt cross 17600 and broken trendline with a gap. thats clear bearish. pullbacks to 17210 to 17360 is clear shorting opportunities. considering market sentiment pullbacks might be tough or very minimal

Note

what a fall 17330 zone.

Note

until the trendline is cross market will be weak

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