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nicks1008

NIFTY FUT (Short)

Short
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
nicks1008 Updated   
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Technical Indicators NIFTY short expiry swing trade
15
1
trendanalysis indicator nifty short expiry swing trade
NIFTY Daily Closing looks weak, Monthly Expiry on the card with Rising INDIAVIX , we can expect some downside move before Thursday.

Trade with caution (!) specially Option Sellers.

Entry - Hourly Closing Below - 17820
Stop Loss - Hourly Closing above 17935 or 50% Option Premium.

Target - 17620

For information purpose only. Know your risk & Consult your financial advisor before taking a trade.
Comment:
Opened with huge Gap up, Made intraday low of 17806. But Hourly candle did not closed below. Entry not triggered yet.
Trade closed: target reached:
Entry triggered at 10:15 & Reached our target at 12:15.
And that was nearly the bottom as well :)
I hope you have benefited from this.
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