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 Crossed
Trade closed: stop reached