avoid long till nifty closes above 9900

١ يونيو ٢٠٢٠

nifty has give gap up from the exact same high level twice i.e around 9599. so till it opens next day above 9800 .. trade with caution . as it can reverse the move like previous time making an abandoned baby pattern.
i would prefer shorting with a stoploss of 9900 as it would have good risk to reward ratio.