Nifty Short Trade - 09th to 15th Dec

٨ ديسمبر ٢٠٢٢

Nifty is still trading in the same channel that I had posted from last 2 weeks. Nifty has breached midline of channel and is now trading in the lower part, but the downside has not completed. Now, for me the best trade will be to short Nifty when it retraces to midline. Again a SL of 20 points will suffice. If Nifty goes above midline and takes my SL, I will not take any bullish trade. Thank you!

٩ ديسمبر ٢٠٢٢

أغلقت الصفقة: تم الوصول للهدف

Didn't expect to achieve weekly target just the next day. Closed the trade in profit. I will post next week analysis on next Friday. Thank you!