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gulz
Apr 23, 2017 4:07 PM

NIFTY:IF THEN DOUBLE SETUP (H&S followed a bullish Cypher) 

Nifty 50 IndexNSE

Description

Hey Friends,

Here is a IF-THEN kind (double setup) (H&S breakdown followed a bullish Cypher) on nifty hourly chart.

Trade levels are mentioned on chart - feel free to check it.

As usual, for bullish cypher stops should be kept below X leg.

More importantly watch the price action on lower time frame before making any positions & Trade with Care,
Gulz.

Comment

Sorry for the type : read as **Followed by**

Comment

Upside bounce from the neckline
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