Below 12750 - Nifty will fall sharply.

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NIFTY is trading very close to the recent support at 12750.
If it breaks, Nifty will fall sharply.
Before that there can be an attempt to retrace back to 12950-13000 in spot prices.
So if you are not in trade, you can take 12750 as a stop loss to go long for 100-150 pts. else you can wait for 12750 to break for shorting nifty.
Dagangan aktif
Nifty Long with Stop loss 12744
Dagangan ditutup: sasaran tercapai
Booking profit - 12850 is also acting as a strong selling point.
Chart PatternsNIFTYnifty50Trend Analysis
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