KrishadInv

Nifty broke weekly low - retracement on 17700 !!!

Short
NSE:NIFTY   Nifty 50 Index
Nifty broke weekly low - retracement on 17700.
Todays volume were higher than previous couple of days.
Vix was high quite high but then only closed 2% up signifying - fall will be slow.
RSI gave indications when markets topped at 18400 levels. Market is missing strength.

ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.

Will strictly follow my levels and take trade.

Keep a strict SL of 30 points.

Also this recommendation/presentation and all future ones are & will be only for learning purpose.

Please consult your financial advisor before investing.
Thank you.

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