Retracement expected on NIFTY
Based on Cypher pattern if the next candle does not close below the 11544 then we can expect retracement of Nifty
Possible levels would be 11580 and 11603
Stop loss shall be at 11515
Possible levels would be 11580 and 11603
Stop loss shall be at 11515
Order cancelled
Since the Market open with gap up , the pattern could not be hold up so the trading shall be considered cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.