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Stocklinedirect
Oct 23, 2020 7:35 PM

NIFTY DOUBLE TOP PATTERN 

Nifty 50 IndexNSE

Description

NIFTY DOUBLE TOP
This can create new high if Nifty break
and sustain above 12015.
But if nifty declines below 11820,
we may see levels of 11780-11670 in the near term
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Updated on : 23-Oct-2020 1.00am
Disclaimer: Only for learning purpose.
Comments
pk99133
How to trade on this ? any option levels
Stocklinedirect
@pk99133, Nifty was trading in the range of 11910-11975. If I were trading, I will wait for price action and break this range with strong momentum. If sustain above 12015 I will go long otherwise reverse the position. Disclaimer: Only for learning purpose.
pk99133
@Stocklinedirect, ok, Thanks a lots
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