17600 likely for NIFTY.
Nifty has formed a bearish sort of a structure on the daily chart, making a low of 17613 on 29-10-21. Since then it has pulled back to the 20EMA and has formed a bearish continuation bar to the downside today. A short position could be considered keeping the following levels in mind:
SHORT BELOW: 17958
STOP LOSS: 18132
TARGET 1: 17784
TARGET 2: 17610
Please do wait for at least a 15 min candle close below the "SHORT BELOW" level before initiating the trade.
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Manage risk properly and trade your plan.
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SHORT BELOW: 17958
STOP LOSS: 18132
TARGET 1: 17784
TARGET 2: 17610
Please do wait for at least a 15 min candle close below the "SHORT BELOW" level before initiating the trade.
_______________________________________________________________________________________________________________________________
Manage risk properly and trade your plan.
Like and follow for more. :)
İşlem kapandı: hedefe ulaştı
Target 1 reached at 17784.İşlem kapandı: hedefe ulaştı
Target 2 reached at 17610.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.