ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Nifty has formed double top pattern on hrly TF. breakdown of 18225 can give a downward movement of 150-170 points. If Nifty manages to close below the demand zone around 18040 expect more weakness.
Sell Nifty @ 18180 - 200 for the targets of 18120, 18080 and below.
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Happy Trading!
InvestPro India Team
Nifty 50 Index Weekly Overview made Bearish Pattern
Hey Friends Here is an Overview of Nifty Fifty Indian stock market Index for next week. Only Educational purpose to publish this idea. not buy sell advice.
So Nifty 50 made a bearish pattern called Rising Wedge
SGX NIfty is nearly ATH forming a Bearish Shark Pattern at the top 18550-18600 Range expecting a market reversal from this top to the downside of -1700 points till 16850.
NSE:NIFTY is at important make or break level, can plan for btst put if head and shoulder is confirmed, can buy month expiry 18000 put at 18148/18175 (left shoulder high range) after head is created.
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First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16720 -16705)...
