TRADEWITHFUN247

Nifty formed flag patern and also gave breakout

Long
NSE:NIFTY   Nifty 50 Index
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Flags can be seen in any time frame but normally consist of about five to 15 price bars, although that is not a set rule. Flags are excellent chart-pattern-trading candidates. They're generally small, which means high reward from low risk.

sentiments are bullish let us see how nifty behaves near Resistance area.
I had a very great experience playing flag pattern on weekly time frame in nifty.
See below idea.
Tellegramm--- search Trading or Nothing

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.