Nifty 50 Index
Short
Updated

NIFTY

226
SHORT,
This is a strong area plus we have some other price action criteria in this price zone which should act as Resistant levels. confirm bearish price action!!!) Rsi Regular divergence.
SUMMARY:Currently, we make a low from yesterday's high/peak and probably we are ready to make another leg downside,The current downwards movent has to end around or inside the blueline, from there we have to get a solid bounce. The bounce and the bullishness are confirmed after we get a bullish candlestick pattern or a decent candle with high bullish volume inside of it.
LONG trades above the blue line and SHORT trades below the blueline

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Note
RSI divergence

snapshot
Trade closed: target reached
250 POINT DOWN
tradingview.com/chart/VZQYst80/
Note
snapshot

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