InsiderB
Short

Nifty50 Bearish Cypher & Bullish Divergence ( Choose wat U want)

NSE:NIFTY   Nifty 50
Its very rare to squeeze out very good risk reward ratio's while trading with cyphers. Even sometimes we may have faced situations like inverted risk:reward in cyphers.

But we have rare chance, where the bearish cypher on NIFTY             50 offering risk reward 1:3(approx.).

Cyphers D leg in Nifty             is now on par with X. As all conditions of cypher is still valid its good chance to go short.

Before entering on Monday please check your Entry, Stops, Targets as per your trade plan

Moreover, D completes around the resistance area which has been tested 3 times and if you have keen eyes don't miss out the hidden bullish divergence with higher lows( Nifty             50) and lower highs ( RSI ).

So we can expect a small pullback to 7600's to 7750's before Nifty             moves further up.

Hit Likes / share n comment your views..

Happy Weekend !

Trade active: Order Filled.. Now lets wait for What Nifty offers us... + or - ..Lets wait !
Comment: With 55mins remaining for Day's close, Nifty heading for Lower close than prev.day(Friday)..Waiting for our Cypher Targets to b achieved
Comment: As expiry is just a day away,Nifty playing hide and seek with us and if you go down one timeframe (4h) or even hourly , we can clearly see a Double top formed with Bearish Divergence.

Our stops aren't hit till now, and the ideal range of stops for this Double Top will be 8010's to 8040's.

Just checked in morning and noticed this, that's y sharing with you Guys !
sir ,please confirm bullish divergence or bearish
+1 Reply
InsiderB padiyaraa
https://static.incrediblecharts.com/images/png_images/divergences.png
+1 Reply
For long term
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InsiderB yeoledinesh
As of now entry @ 7700's and stops below 7500's.. But Am still waiting for bear cypher targets, so there is no reason for Me to get long here . Hope that helps !
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where can we go long in nifty for swing trades....and what will be targets
+1 Reply
InsiderB vishalmetrani46
@Vishal, For Swing trades 7700's to 7730's will be ideal range for entry and stops around 7650's with Targets of 7800's n above. Note : This will be aggressive entry, so check your trade plan also.
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yeoledinesh InsiderB
Thanks Sir
+1 Reply
InsiderB yeoledinesh
Most Welcome Dinesh :)
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Dear InsiderB what is your view after todays move on nifty closing at 7706. Is it still good to buy for target 7800. Above 7800 how much is possible? I think still it will go above 7800 we will still hit 7550. Thank you again !!
+1 Reply
InsiderB vishalmetrani46
Upward move of Nifty looks risky Vishal. Am expecting lil more downward move 7550's or 7600's. This is my view only but market can do anything :)
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