NIFTY 50
Nifty showed strong resistance around 8000 level, so I prefer to short the market. My predetermined point to short the nifty will be around 7981-7990 with a stop at 8026.
If there is gap down opening, wait for pullbacks 7970 around to go short.
Predetermined point to short 17407-17430 level with stop at 17530 .
Gap down/ trading below previous day low is highly bearish for both the index.
Happy Trading Zen Way....
Nifty showed strong resistance around 8000 level, so I prefer to short the market. My predetermined point to short the nifty will be around 7981-7990 with a stop at 8026.
If there is gap down opening, wait for pullbacks 7970 around to go short.
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Nifty Bank.Predetermined point to short 17407-17430 level with stop at 17530 .
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Gap down/ trading below previous day low is highly bearish for both the index.
Happy Trading Zen Way....
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