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NIFTY |Flag Formation

NSE:NIFTY   Nifty 50 Index
Nifty showed some reversal as we analyzed and posted on twitter . However, for any kind of upmove it needs to close above 11140-150. It is forming bearish flag , if it breaks this flag downside below 10940-60 then it may reach 10600-10300 very quickly. Upside target on 10140-150 break out is 11600-700 minimum. Gann Date is on 18th August. So big move is round the corner.

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