avoid long till nifty closes above 9900
nifty has give gap up from the exact same high level twice i.e around 9599. so till it opens next day above 9800 .. trade with caution . as it can reverse the move like previous time making an abandoned baby pattern.
i would prefer shorting with a stoploss of 9900 as it would have good risk to reward ratio.
i would prefer shorting with a stoploss of 9900 as it would have good risk to reward ratio.
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