On a minute candle stick pattern, nifty shows, breakout level only above 18356, Even if opened positive on 28th october 2021, there is no trade zone for option buyers ( Call and Put ) between 18250 to 18356, Heavy chances of premium decay, Nifty closed below a strong trend line, If opened and trade below 18250, there is highly possibility of testing 17800.
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On 15 Minute candle
Trade closed: target reached
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As pattern explained yesterday, Opening and trading below 18250, Nifty tested a low of 17800 today, For regular updates, please contact on our WhatsAap No. 7208124861