But we have rare chance, where the on NIFTY 50 offering risk reward 1:3(approx.).
Cyphers D leg in Nifty is now on par with X. As all conditions of 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 which has been tested 3 times and if you have keen eyes don't miss out the hidden with higher lows( Nifty 50) and lower highs ( ).
So we can expect a small pullback to 7600's to 7750's before Nifty moves further up.
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Happy Weekend !
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 !