NIFTY up for more pain

Updated
Nifty has given a breakdown from its strong trendline in the 30-minute timeframe and has also been trading under the 200 EMA.

Looks like a fall till 17750 is evident and as for me I'm putting my money that it might go way below 17750.

Stay tight, and keep shorting.
Trade closed: target reached
300 pts down from the point I posted it.
Beyond Technical AnalysisChart PatternsdaytradingindiaindianstockmarketNIFTYtradingTrend Analysis

Also on:

Disclaimer