nifty "flag" formation in progress
Updated
The price significantly came down and has lost some of its momentum..which lead to formation of flag.
the flag is bearish is nature and hence market shall continue the fall.
short at the break to the downside.
At the break downside stop loss will be at 8600.
the flag is bearish is nature and hence market shall continue the fall.
short at the break to the downside.
At the break downside stop loss will be at 8600.
Note
To be more cautious trade when the price closes below 8540 levelsNote
going as good as anticipated.Trade active
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