Nifty Analysis | 21Sep 2020

20 sept 2020

Nifty looks pretty weak for tomorrow with breaking of critical supports.
Scenario 1
If Nifty gaps down, wait for pull back to short (levels given on chart, will update real time as well)
Scenario 2
If Nifty opens flat, above conditions holds true
Scenario 3
If Nifty Gap ups, we need to look for long opportunities from the support lines given in chart. Happy Trading

21 sept 2020

Nota

Sold at the resistance level mentioned on opening, bought back at 11480. Waiting to sell again. but be cautious about trend reversal signs

21 sept 2020

Nota

potential reversal taking place, watch out

21 sept 2020

Nota

keep scalping as long as 14 ema is not taken out on upside

21 sept 2020

Nota

Our Short bias is intact

21 sept 2020

Nota

Shorted at at 11522 as described in chart, looking to book at 11475/11450 with 11500 as SL

21 sept 2020

Nota

Booked 50% after at first target 11470
Booked 70% at 11460

21 sept 2020

Operación cerrada: objetivo alcanzado

all short positions covered 11440. retiring for the day

21 sept 2020

Nota

Short taken again at 11400-11430 level & closed at 11255. Hope everyone had a great day