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Nifty - Bearish Flag pattern 16900 is Possible??

Short
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Trend Lines Flag NIFTY nifty50 niftynextweek flagformation niftyview
16
3
supportandresistance trendline flagpattern nifty nifty50 niftynextweek flagformation niftyview
Nifty is forming Flag Patterns and on Friday close it exited the flag channel then closed below.

As Global cues are negative our market is also expected to Open Gap down on Monday.

This week We can expect 16900 will be tested before it takes the next up move.

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