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Nifty 50 Index

FLAG-POLE pattern in smaller time frame..?

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As we can see NIFTY has formed more like a flag-pole pattern which is also a bullish continuation pattern but it is currently trading at MAKE or BREAK level hence as long as NIFTY manages to sustain itself above the given trendline it can lead to strong short covering else we may see another sideways to negative market in coming trading sessions so plan your trades accordingly.
Wealthcam
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Multiple Time Frame AnalysisSupply and DemandTrend Lines

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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.
Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
Also on:

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.