Nifty Decoding 16th January 2025 ( Fake Breakout )
Gift nifty is up by 150 points it is a fake breakout as per my analysis which can be totally wrong. But we can take small risk with big target today in shorting nifty50 we can get 150+ Points. Find only short setup dont go long.
Trade active
100 Points fall. Close the trade or trail on cost.
Trade closed: target reached
close the trade or trail. Let's see tomorrow.
Note
Hope you understand how fake breakouts can be catched.
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