InsiderB

Nifty : 2 Possible Advanced Patterns (1H) : Choice is Yours !

NSE:NIFTY   Index of the 50 listed India companies
This one is for swing traders..

As we can see there are two potential patterns yet to be formed. Why do I call it as "Potential patterns ", well as of now none of the patterns are near D point completion, so that's y its potential patterns.

Just think about the advantage of it, We just don't care whether Nifty             moves Up or Down from 7880's.
Bcos We are Armed & Ready !

If Nifty             goes up n completes bear cypher , we take Short Positions
If Nifty             goes down n completes Bullish Bat , we take Long Positions
N There is possibility of anyone of pattern not getting completed .

Check your plans, risk-reward also before entering the trade.
Note : 1) Cyphers sometimes gives inverse Risk : Reward but worth it.
2) Bullish bat will be invalid if market moves above 7895's ( we predicted bat too early)

Hit Likes to Agree / Comment Your Views..

Happy Trading !

Trade closed: target reached: Note : We have Nifty Index chart here, not Nifty Futures chart but we will be trading on Nifty Futures in Exchanges, not on Index
As you mentioned..nifty now at 7900, so bat pattern invalid, right ???
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* Grammatical mistakes, was placing orders n typo's ! As Mentioned Nifty @ 7900, Bat Pattern Invalid...
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Thanks,
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Thanks
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as per analysis made a trade in a profit . Thanks a lot sir
+1 Reply
InsiderB PRO yeoledinesh
You're welcome Dinesh & Am Happy that you made profits !
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