Nifty 50 Index
Short
Updated

Nifty - Sell The Wedge -Below 15820 Target-15700

2 194
Short Term View -Sell Nifty Below 15820 strictly target 15700 Not valid above 15820. Updated in the status. Thanks
Trade closed manually
13:54 Hrs / 5th July2021

Last @ 15824

Nifty dropped sharply to lows @ 15803 & bounced back above 15820 - Intraday 15820 is key level for the day.

Index trading in the zone 15820 -15830 is no trading zone.

Negative bias for the day is valid only if Index falls below 15820 else this idea becomes invalidated.

Manage the risk while trading. Thanks
Note
14:35 Hrs / 5th July2021

Last @ 15822

Additional comment

Traders be careful - do not sell our key level dropped to 15800 from 15820 as Nifty can extend upside to 15850/15875 if fails to drop below 15800 next

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.