NIFTY has gained huge from the previous bottom , we have 3 main reason of shorting
1. Stiffer the angle , faster it breaks , (Nifty went up too stiff )
2. BUyers have sold positions to book profit ( clearly monday candle showes the price action)
3. THERE IS HUGE BEARISH RSI DIVERGENCE
Enjoy shorting to the levels on the Chart , if this level of 9950 breaks , there will be a clear M pattern so you can Short more lots with tight SL
1. Stiffer the angle , faster it breaks , (Nifty went up too stiff )
2. BUyers have sold positions to book profit ( clearly monday candle showes the price action)
3. THERE IS HUGE BEARISH RSI DIVERGENCE
Enjoy shorting to the levels on the Chart , if this level of 9950 breaks , there will be a clear M pattern so you can Short more lots with tight SL