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Le-Loup-de-Zurich

NIFTY 50 : Bullish - Ascending flag detected

Long
Nifty 50 Index (NSE:NIFTY)  
Le-Loup-de-Zurich  
NSE:NIFTY   Nifty 50 Index
Chart Patterns Trend Analysis Technical Indicators jamesdtouati thewolfofzurich thewoozacademy nifty50 ascendingflag jameswolf jameszurich jamesharmonics indianstocks
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chartpattern trendanalysis indicator jamesdtouati thewolfofzurich thewoozacademy nifty50 ascendingflag jameswolf jameszurich jamesharmonics indianstocks
NIFTY 50 : Bullish - Ascending flag detected

To monitor/
The exponential moving averages 50 (in pink)and the exponential moving average 200(in white)

The market could rise around 25 507 .
But be careful there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!

So a bearish return is possible around 20 000, then 18 150

Be safe!
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