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ReviveTraders
Apr 19, 2021 2:03 PM

NIFTY | Rising Wedge Pattern 🎯 Short

Nifty 50 IndexNSE

Description

⭕ Intraday Trading opportunity ! 5 Min Chart Alert !!!⭕

--Short Below =14357 or CMP
--Target = 14271 | 14207
--Stop-loss = 14397
--R:R =3.72
--lot size =75
--Expected Profit = 150 Points ( 1% ) = 11K per lot
--Expected Holding = 1-2 Days only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Rising Wedge Pattern
2) Safe Traders can wait for breakdown
3) Targets are based on pattern height & Support area
4) Sentiments is still down
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------------5 min Chart--------------

---------30 Min chart ---------------


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DISCLAIMER Alert :-

❌ All Post are for Educational Purpose Only.
❌ Analyze your own before Considering mine.
❌ Know your RISK & HOLDING capacity.
❌ TradeTheTip is not responsible for any of your profit/Loss.
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Order cancelled

opened Gap up , idea is now in valid

Comment

Some how TGT is HIT 🎯
Comments
Parasuram
but that are you have mentioned would be tested and even broken in the time frame you have mentioned..
Parasuram
the recomendation is invalid above 14397??
ReviveTraders
@Parasuram, exactly , even before
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