Have you read the Previous report on nifty and bank nifty?
Click Here – NSE NIFTY & BANKNIFTY OUTLOOK FOR INTRADAY TRADERS
I have mentioned in clear words, “After Gap is down, if the price sustains below 16220, traders can expect the following targets: 16150 – 16036 – 15956.“
Nifty formed a bearish pattern, and It was a gap down signal.
11 May 2022
[10:25 AM] – Price reached the first target of 16150.
[12:55 PM] – Price hit the second target of 16036.
12 May 2022
[09:20 AM] – Price touched the final target of 15956.
[12:30 PM] – Price made a low of 15807.
If you haven’t traded this setup, you missed a 400+ points.
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