Last Analysis, ATR is still in its own range. Stoploss was triggered at 11585 and lost 35-45 points lost.
https://in.tradingview.com/chart/NIFTY/hHMsoSo1-Short-Term-downtrend-IDENTIFICATION-with-ATR-Nifty/
Nifty can open gap up 45-60 points up.
Profit booking expected 11667-11689 by Fund-Managers
Short seller and short term down-trend direct will predict after 108 -ve points on the nifty only.
Gap up opening and selling pressure can be expected in 30mints of opening.
Trialing stoploss for short seller 11698 and 11734
targets can be 11510-11479
https://in.tradingview.com/chart/NIFTY/hHMsoSo1-Short-Term-downtrend-IDENTIFICATION-with-ATR-Nifty/
Nifty can open gap up 45-60 points up.
Profit booking expected 11667-11689 by Fund-Managers
Short seller and short term down-trend direct will predict after 108 -ve points on the nifty only.
Gap up opening and selling pressure can be expected in 30mints of opening.
Trialing stoploss for short seller 11698 and 11734
targets can be 11510-11479
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