Nifty broke the Higher Low of the previous Uptrend, making a Lower Low - Lower High formation.
This can be considered trend reversal.
Nifty may halt at this level between 15700 - 15500
If flag breaks down making LL below 15560, or makes a bearish candle pattern supporting bearish view, we may go for short.
else price may halt here before continuing the downward journey...
This can be considered trend reversal.
Nifty may halt at this level between 15700 - 15500
If flag breaks down making LL below 15560, or makes a bearish candle pattern supporting bearish view, we may go for short.
else price may halt here before continuing the downward journey...
Dagangan ditutup: sasaran tercapai:
Bearish trade not triggered.
Sold Puts after first HL was made at around 11.30
Sold Puts after first HL was made at around 11.30