Buy with 1:2 risk:riward above 822 SL 790
Buy above todays close with 1:1 RR
Two back to back P shape profile at a major swing low is a sign of a potential reversal.
On daily time frame Nifty is one time framing up. If it looks below 10887 one time framing will be invalidated.
Enter with risk reward ratio with 1:2 above 695
A twieezer bottom pattern appeared
Looks like reversal of downtrend. A tweezer bottom spotted.
Cup and handle pattern in nifty Long above 10900
After 3 month of one time frame down this month forming an inside bar. Waiting for break of one time framing of balancing for some time. 11182 if important reference for watch out.
After 5 week of one time framing downframing , Nifty was balancing 4 week in the range of 10642-11142. This week it has broken the last week range in upside. 11142 is crucial reference for bulls. Monitor if it looks above the balance and fail or look above the balance and accelerate.
Broke 8 days balance OTF down Short 700 call with 710 spot as SL