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Rahul_Lamkhade
Sep 21, 2020 3:10 PM

Nifty 50 forming bullish flag pattern. Short

Nifty 50 IndexNSE

Description

Nifty 50 forming bullish flag pattern. The next support target can be 11000 - 10800. If it breaks the upper channel we can go long. If nifty retracted beyond 50% fib level 9700 then it's no more valid flag pattern.

Comment

Nifty at the lower end of the channel. Chances are it can go till 11280 - 11300
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