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Nikunj_Bangad

Nifty Analysis: Short term view

Short
Nifty 50 Index (NSE:NIFTY)  
Nikunj_Bangad  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY short Inside Bar 200sma
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trendanalysis chartpattern indicator nifty short insidebar 200sma
Please go through all the writings on the chart carefully and analyze it.

Nifty has broken the trendline since June, and it can be good shorting opportunity for upcoming days.

There are three strategies that can confirm the Shorting 1) Trendline Breakdown 2) Inside Candle 3) Next is 200 SMA Support, and has broken other important SMA Supports

Trade Carefully.
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