Further consolidation was seen in the ~11800-12000 range.
Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole.
This is ofcourse going to be a swing trade with positions to be held for several weeks.
I will post updates on the trade from time to time.
Stop Loss should be maintained at 11800.
Nifty has indicated that the uptrend is intact.