Nifty is making a Flag Pattern which is coming near the lower trendline with MACD Divergence.. I would expect the price to go higher from there which gives a potential buying opportunity.. If it break the Flag upper trendline line then My Markets are at the all time highs around 9120. However, if it continues to go lower then I would wait to see what pattern is being formed before taking long positions..
Happy Trading!!
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I saw some mistakes in my post: Correcting and Re Writing Those:
If it breaks the Flags upper trendline line then My Targets are at the all time highs around 9120. However, if it continues to go lower then I would wait to see what pattern is being formed before taking long positions..