NIFTy didn't break out, reversal is possible
In my previous note, I mentioned to short NIFTy with target 11400. Today we reached our target and NIFTy closed below 11400. But NIFTy didn't break out to continue the downfall. So NIFTy would be reversed by bulls. Target 11600 and stop-loss 11300
Order cancelled
As the NIFTy opened with breaking our stop-loss, longing the NIFTy was cancelled.
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