short nifty on rise

mifty bullish trend might be going to end and reverse.

Комментарий:

nifty given a breakout and closed above its resistance today.
present scenario is we should look to 11735.

since this is a weekly chart we have to see how the weekly candle is forming this week.
long side stoploss should be below trendline which is 11323.

happy trading.

Комментарий:

beware of nifty at 11767 next week

Комментарий:

as expected nifty shown resistance at 10790.

now nifty likely to move to 10806. Stay alert.