Retracement expected on NIFTY

NSE:NIFTY   Nifty 50 Index
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
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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