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NIFTY: A correction is in order

AVOID long unless closing above 9709 (unlikely), indicators are set for short. A break of trendline followed by negative MACD crossover could lead to a correction. Was thinking of going for a 9800 CE SELL and 9200 CE BUY? any opinion? P.S: I'm very new to options.

HarshShivlani HarshShivlani BPCL, W, Short ,
97 2 3
BPCL, W Short
BPCL Beraish Divergence.

A short sell setup on weekly chart.

bbrijesh bbrijesh NIFTY, D, Short ,
430 3 5
NIFTY, D Short
Nifty - Will buy-on-dips strategy work this time?

Will buy-on-dips strategy work this time? This is the best setups for bulls - buying on dips and a jhat-pat trade. The resistance turns support at 8,970 (pink line) will be crucial for bears to break. The recent rally in the range of 9,000-9,200 seems to be disheartened for bulls. The rangebound session with index being firm above 9K express positive yearly ...

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