Nifty 50 For 19/5/2020

You Can short below Low of the previous candle,
With stop-loss at 8966 level Target 8666-8600
Thanks
LOL Looking like House Pattern, with floor or ceiling

Kommentar:

As market going to open gap up wait for price action then take a trade,
According to news USA successfully tested Vaccine for corona, Dow is closing near Days high almost 1000 Points Up but the front of Dow Sgx nifty is not Showing that much Gain!

So there will be 2 Things for today! If nifty is sustaining above 9000 then there will be Uptrend otherwise sellers will enter with a bang ! And Banknifty is not crossing 18170 then it will also invite sellers!

Clearly today will go against the trend , Will Try to sell on Top! And will take Positions in Pe at the lowest price!