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Trade-Technique

A smart trader can create a trade setup in range of 421 points.

Short
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
Trade-Technique  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Support and Resistance Supply and Demand tradesetup
24
6
trendanalysis supportandresistance supplyanddemand tradesetup
  • All-time high - 18595
  • Recent high - 18174

The difference between the All-time high and the recent high is 421. Logically, this range will be crucial resistance. A smart trader can create a trade setup with a good risk-reward ratio by using his range.

The previous strongest hypothesis reactionary has been seen 16850 nearby.

That's the clear, range of 421 points is very useful for short sellers with highly effective rewards. The question is, what trade can exist in this range?

You can create your trade setup by using this range and write in comment section.
Ref. : in.tradingview.com/c...lysis-in-simple-way/

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