indiamarketoutlook

Nifty: Sell on rise...

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NSE:NIFTY   Índice Nifty 50
Nifty
CMP 9606


Sell on rise will hold true if Nifty stays below 9648 levels on closing basis...


NIfty is at 61.8% Fibonacci retracement level of the fall from 9710 levels to 9448.

& 9648 represents 76.4% retracement level

We look to sell Nifty if it is to get resistance in this zone of 9610-9648

Take care and safe trading...!!!
Trade ativo
Trade ativo:
Nifty
CMP 9596


This is a 15 minute chart view


As per our trading plan short positions added near Nifty 76.4% Fib level

Nifty opened right at 76.4% Fibonacci level...gave ample time to take position.


Booking partial profits here


Take care & happy trading...!!!

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