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Rudved
Jul 25, 2021 5:44 AM

Flag and Pole in Daily TF Long

Nifty 50 IndexNSE

Description

We are stuck in a range since past 2 months.
Breakout or Breakdown will start a fresh directional view.

For now, we need to be cautious and use strict and trailing stoplosses for either directions.
Or better yet be patient and wait for breakout/breakdown.

Markets are designed to take money from the active and give to the patient.
Trade at your own risk, this is just my personal view.

Happy Trading ! Please like my post to keep them coming.
Comments
Upen1973
For a bullish continuation the flag should be in a downward slant but it is in upward, so the effectiveness is doubted.
jaisinghh75
NYC
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