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manuagarwal21

NIFTY 50 - Sell on Rise

Short
Nifty 50 Index (NSE:NIFTY)  
manuagarwal21  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Supply and Demand nifty50 niftyanalysis niftytrend niftyindia niftyprediction niftytradesetup niftytomorrow niftytrading
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trendanalysis supportandresistance supplyanddemand nifty50 niftyanalysis niftytrend niftyindia niftyprediction niftytradesetup niftytomorrow niftytrading
This week started with a gap down opening at 17541 vs Friday close at 17604.

Made low at 17405, though did not sustain at lows, moved up and closed near the day's high at 17648.

The previous support that nifty broke on Friday is going to act as immediate resistance

Currently, nifty50 looks like sell on the rise
Notice price action in the resistance zone and any weak price action would be an opportunity to create short trades.

Trade at your own risk



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