sk_4587

NIfty Broken trendline in lower side in 15 min time Short NIfty

Singkat
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NSE:NIFTY   Indeks Nifty 50

NIfty Broken trendline in lower side in 15 min time Short NIfty
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first a fall thank you TRADING VIEW PAID VERSION
for your most beautiful feature of alert system that provide us a real time alert,
IN to this current trade also i found this trade with trendline broken alert, so big thank you
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hello dear traders

presenting to you a swing idea in nifty short term for SELL NIFTY

because nifty broke a lower rising trendline for around 15 day

after huge consolidation for last 15 days no clear trade given either side

but now after breaking this trendline its confirms that some big movement possible in comming days


so Short Nifty between 23550 to 23650

stop loss 23705

minimum target 1:3 risk reward

target around 23250 and 22850
Komen:
Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
Komen:
any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis
Komen:
as i told in to description,
that short between 23550 to 23560
so after post mkt testing 23580
finally short trade executed at 23580
be strict with stop loss on at least hourly candle closing above stop loss level
and ride the trade
Komen:
150 point profit running
trade executed at 23580 and now 23430
Komen:
nifty closed today at previous 4 session closing low
Komen:
23580 to 23380
200 point profit running
Komen:
price struggling at trendline
but be alert as bank nifty is in to fully uptrend
Dagangan ditutup: hentian tercapai
Penafian

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