Nifty after the gap up open looking weak and possible short term pattern trading for short possible before the RBI met. also 8600pe of nifty option charts is rebounding from BAT PRZ adding more conviction to this trade set up.
PATTERN ANTIBUTTERFLY
Aggressive Entry 8755
Conservative Entry 8745
Aggressive StopLoss 8820
Conservative Stoploss 8820
Aggressive RoR Min 1.77
Conservative RoR Min 1.4
Aggressive RoR Min 1.77
Conservative RoR Min 1.4
Reward 1 8640
Reward 2 8640
Aggressive SL pts 65
Conservative SL pts 75
Aggressive Reward min 115
Aggressive Reward max 115
Conservative reward min 105
Conservative reward max 105
PATTERN ANTIBUTTERFLY
Aggressive Entry 8755
Conservative Entry 8745
Aggressive StopLoss 8820
Conservative Stoploss 8820
Aggressive RoR Min 1.77
Conservative RoR Min 1.4
Aggressive RoR Min 1.77
Conservative RoR Min 1.4
Reward 1 8640
Reward 2 8640
Aggressive SL pts 65
Conservative SL pts 75
Aggressive Reward min 115
Aggressive Reward max 115
Conservative reward min 105
Conservative reward max 105