Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
After a massive rally of 899 points in two trading sessions, Nifty has been in overbought range for some time RSI (30 mins.) showing a little bit of tiredness already. CCI (30 mins.) has already give a reversal signal. Heikin Ashi candles have given a clear Sell Signals. One can go short keeping 11660 as a stop loss.
Use this strategy strictly in weekly time frame and take your position only when you get confirmation of sell signal. You can short 1500-1540 strike price calls also time is on our side as well. Thank you MALKAN SIR for this strategy
pSAR, MACD and Stoch indicating reversal and this can be a better opportunity to enter longs in Nifty. SL would be 9150 (spot rate).