NIFTy didn't break out, reversal is possible

8 May 2019

In my previous note, I mentioned to short NIFTy with target 11400. Today we reached our target and NIFTy closed below 11400. But NIFTy didn't break out to continue the downfall. So NIFTy would be reversed by bulls. Target 11600 and stop-loss 11300

9 May 2019

Emir iptal

As the NIFTy opened with breaking our stop-loss, longing the NIFTy was cancelled.