Nifty strategy for n13-05-2026

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Nifty strategy for n13-05-2026Nifty 50 IndexNSE:NIFTYviswanath_ktcnifty may open on flat note as per sgx nifty around at 23400 levels. nifty may trade in today session around at 23800 to 22950 levels until upto closed below 22950 levels on daily charts. coming to yesteray session nifty opened 23770 from there bears pull back the nifty upto 23347 levels an finally it closed ar near days closed with maruboju red candle it is indicated strong bearish momentum still exit in the market and also every bounce back is an opportunity to bears to take short position in the nifty. advance and decline ratio & India vix is indicated also bears strength in the market . so I am advised traders take short positon in the nifty at resistance levels and also maintain keep stop losses. shorting price :23450 stop loss : 23570 1st tgt : 23340 2nd tgt : 23214 Disclaimer : I am not a SEBI Research Analyst please take advise from your financial advisor before take position based on my recommendation. Thanking for your support if liked my content please suggest to your friends to follow my channel Please drop a comment on whether my recommendation is useful and correct my mistakes