2018 05 21 - NIFTY 50 DAILY - BEARISH CYHPER Short

Nifty 50 IndexNSE

Description

⋅ May 21, 2018 3:42 PM

2018 05 21 - NIFTY 50 DAILY - BEARISH CYHPER

⋅ May 21, 2018 3:55 PM

⋅ May 24, 2018 4:03 PM

Break above the inside bar

⋅ May 25, 2018 9:08 AM

nicely up from inside bar

Comments

simpola

⋅ May 21, 2018 3:56 PM

Why do you think it will go north first and then hit the 61.8% mark, what's stopping it from going straight for 61.8%

pandvvk

⋅ May 21, 2018 5:55 PM

@simpola, I Think its because NIFTY at current levels has structure support. Look around point B in the cypher pattern.

simpola

⋅ May 22, 2018 4:22 AM

@pandvvk, tks for the reply