NIFTY FUTURES - DON'T SHORT THE MARKET YET!

3 thg 3, 2021

• Nifty has shown good performance in the last 3 days, recovering almost 700+ points.
  
• There is an unfilled gap at 15042-14990.
  
• You can BUY above 15430 or on the rebound from the trendline.
  
• If you are an amateur, try NOT to short the index at the moment. We are still in a highly Bullish market. Hence, Shorts will get squeezed badly.
  
• Use appropriate quantity and risk-reward ratio.
  
• Always use a stop loss.
  
• Always risk a maximum of 1-2% of your capital.
  

P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.