Nifty 50 Index

Nifty is currently in sort of a trap zone.

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As shown in the 15 min chart, wait for the Intraday S-1 support to break decisively and a short position can be taken till the area of minor support.

While my straddle position is still open, I'm looking for an intraday shorting opportunity on Nifty if my conditions get fulfilled.

However, I won't be going Long on Nifty.

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