SHORT NIFTY with small Stop Loss lucrative Risk to Reward Ratio
Nifty is showing weakness and a reasonable shorting is possible at this level, touched the ML, Fib resistance and bearish Candles formations.
One can short the Nifty with very small short loss of little above the current high and can expect a good risk to reward Trade.
Wishing you all the best.
One can short the Nifty with very small short loss of little above the current high and can expect a good risk to reward Trade.
Wishing you all the best.
Trade active
Shorted at 17255 with SL 17515 Target 16360 Risk to Reward Ration 3.44. Fingers CrossedTrade closed: stop reached
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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.