SGX Nifty formed resistance around 18000 in daily chart. Two times it tried to break that resistance level but it failed to sustained & again it is testing that resistance. Strategy A: - Time frame: - 1H chart If nifty open gap up, look for high open. If high open same then sell. Strategy 2: Time frame: - 1H chart Wait for bearish pattern to form near resistance level in hourly pattern. After confirmation we can sell. Strategy 3: - If it breaks its resistance with high volume then we will be on buy side.
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