As posted in my previous Idea post, The bullish Cypher pattern activated from the level it should. Check my previous post in the link i have given.
So what Nifty will do on 19th Aug?
A bearish BAT pattern is formed in 15 min time frame.
So what should be the strategy for 19th Aug for Intraday?
Sell nifty @11060-75 on a 5min lower low lower close formation.
Target will be 11014, 10995, 10979. It can go further as described in my previous idea in the link, Nifty Big picture in coming sessions.
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Cheers!!