Nifty can go downside
Trade Proposal:
Market Analysis:
A short pattern and a bear trend have been identified in Nifty after conducting a thorough market analysis.
Breaching the 17510 level after some consolidation may lead to further declines in Nifty.
Entry Criteria:
A short position in Nifty Futures will be created if the 15-minute candle closes below the 17500 level before consolidation and retest the resistance.
Stop Loss:
A stop loss of no more than 60 points will be placed to limit potential losses.
Target:
The target for this trade will be approximately 110 points.
Risk Management:
It is recommended to manage the risk accordingly by not risking more than 2% of the entire capital on this trade.
Timeframe:
It may take a maximum of 2 days to reach the profit target. Regular updates on the trade will be provided via this platform.
Updates:
The trader will provide regular updates on the trade via this platform and invites any questions or concerns in the comments section.
Thank you for considering this trade proposal, and the trader wishes you all the best in your trading endeavors
Market Analysis:
A short pattern and a bear trend have been identified in Nifty after conducting a thorough market analysis.
Breaching the 17510 level after some consolidation may lead to further declines in Nifty.
Entry Criteria:
A short position in Nifty Futures will be created if the 15-minute candle closes below the 17500 level before consolidation and retest the resistance.
Stop Loss:
A stop loss of no more than 60 points will be placed to limit potential losses.
Target:
The target for this trade will be approximately 110 points.
Risk Management:
It is recommended to manage the risk accordingly by not risking more than 2% of the entire capital on this trade.
Timeframe:
It may take a maximum of 2 days to reach the profit target. Regular updates on the trade will be provided via this platform.
Updates:
The trader will provide regular updates on the trade via this platform and invites any questions or concerns in the comments section.
Thank you for considering this trade proposal, and the trader wishes you all the best in your trading endeavors
บันทึก
nifty went up as of now if it come down and break some important support I will update.as of now I don't have any trade opened.
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