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mklives
Nov 24, 2021 10:18 AM

Nifty..laxman rekha Short

Nifty 50 IndexNSE

Description

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

Comment

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

Comment

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

Comment

what a fall 17330 zone.

Comment

until the trendline is cross market will be weak
Comments
raigarhmanoj
nice
similarRhino62112
Tomorrow your first target is achievable 17210?
mklives
@similarRhino62112, 17600 17210 is the range (as long it is below 17600 on closing basis). above 17600 buy for 17800 18180 (sl becomes 17600)
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