NSE:NIFTY   Nifty 50 Index
Nifty hourly is at the PRZ of a Bearish Harmonic Cypher . It also happens to be a resistance as per Ichimoku in hourly time frame. A retracement till 12100 could be probable from here provided it does not give an hourly close above 12250.
Trade closed: stop reached

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too much lines on the chart.
@pk29121976, each one has its significance
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