Nifty - Made a Lower High, Failed to reach previous High.

Today's price action indicated weakness as it failed to reach out to previous high levels of 8840. I believe sellers are now in dominance and the prices shall further move down tomorrow.

Target 1: 8747
Target 2: 8700
Stoploss: 8840

Trade ist aktiv:

It again failed to reach Higher Highs, indicating weakness. Prices shall move further down to achieve target 1

Trade geschlossen: Ziel wurde erreicht:

Target 1 and Target 2 achieved.