Nifty - Weekly Expiry Ending 23rd March

17 Mar 2023

Nifty broke the downtrend channel on the downside but managed to close inside the downtrend channel again, travelling in a smaller retracement channel. But it did not show strength to take a long trade next week. So, I will be shorting as per the plan shown on the chart and if Nifty does not behave as per my analysis, I will either not take any trade or take a SL of 20-30 points. Thank you!

21 Mar 2023

İşlem kapandı: durdurma seviyesi

Took an SL of 40 points, trade closed, now will post for next week. Thank you!