Complete beginner setup of a bearish cypher pattern

Updated
A cypher pattern formation on nifty's daily chart can be seen. If the pattern goes well, NIFTY can reach 11,450-500 and then may show some weakness upto 10900-10950
Currently this indicates to for a long in Nifty with a strong support of 10,800.
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Failed Attempt To Capture The Cypher...:)
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