Get started
Parabolic-Trader

Nifty consolidating in flag pattern

Nifty 50 Index (NSE:NIFTY)  
Parabolic-Trader Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns Chart Patterns
1
0
trendanalysis harmonicpatterns chartpattern
As the chart, Nifty is sideways, the pattern breakout or breakdown will be the deciding factor to Buy or Sell.

IT & FMCG Indices are oversold and might drive the breakout upside in the Nifty.
Keep Holding the positions till the breakout or breakdown.

Comment:
Gave a breakdown of the pattern.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.