Its a cliche but falling in 
NIFTY is inevitable. Bearish divergence in Nifty is clearly seen that indicates a short term but a very steep fall in next week. Year end closing will be bad hurting Returns on Investment of lot of mutual funds.
Short in opening trade on monday above 9980 (or upto 9965) with a target of 9933 (t1), 9686 (t2), 9548 (t3).
A stop loss of 10100 is recommended.
NIFTY is inevitable. Bearish divergence in Nifty is clearly seen that indicates a short term but a very steep fall in next week. Year end closing will be bad hurting Returns on Investment of lot of mutual funds.Short in opening trade on monday above 9980 (or upto 9965) with a target of 9933 (t1), 9686 (t2), 9548 (t3).
A stop loss of 10100 is recommended.
Trade active
Sold Nifty April Futures at 10040 (Spot: 10003)Note
Nifty reversed its gear....its reaching towards stop loss of 10100.Trade closed: stop reached
Stop loss triggered. Loss of 1%! :(Note
After SL triggered trend is still bearish in Nifty....more bearish divergence crest are forming...
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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.