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

NSE:NIFTY   Nifty 50 Index
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 per analysis made a trade in a profit . Thanks a lot sir
+1 Reply
InsiderB yeoledinesh
You're welcome Dinesh & Am Happy that you made profits !
As you mentioned..nifty now at 7900, so bat pattern invalid, right ???
InsiderB InsiderB
* Grammatical mistakes, was placing orders n typo's ! As Mentioned Nifty @ 7900, Bat Pattern Invalid...
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