Its very rare to squeeze out very good risk reward ratio's while trading with cyphers. Even sometimes we may have faced situations like inverted risk:reward in cyphers.
But we have rare chance, where the bearish cypher on NIFTY 50 offering risk reward 1:3(approx.).
Cyphers D leg in Nifty is now on par with X. As all conditions of cypher is still valid its good chance to go short.
Before entering on Monday please check your Entry, Stops, Targets as per your trade plan
Moreover, D completes around the resistance area which has been tested 3 times and if you have keen eyes don't miss out the hidden bullish divergence with higher lows(Nifty 50) and lower highs (RSI).
So we can expect a small pullback to 7600's to 7750's before Nifty moves further up.
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Happy Weekend !