nirav5

Potential Bearish BAT on Nifty

NSE:NIFTY   Nifty 50 Index
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4
We have potential bearish Bat setup on Nifty .

As such for Bearish Bat pattern it would be ideal to expect reversal area between 8080 to 8100.
It can reverse from earlier level of 8060 - 8070.

8105 would be strict SL.
Order cancelled: No reversal sign came near 8100.

Comments

You mean short @8100
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nirav5 ASKSANTHOSHPM
@ASKSANTHOSHPM, That setup has been invalidated as price action did not signal any reversal at 8100. However there are other setups which suggests for expecting reversal from 8180- 8200.
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