It is a good Bullish Corrective Pattern For nifty. From This point its is better to buy and sell at high level. According to Wave theory.
Disclaimer- this is for educational purpose only. Always believe in your analysis.
Note
if price closes below 14650 and goes below or near to c point then more complex pattern can form in nifty. it is clear buying situation market will touch the upper level once.
Note
Nifty has the flag pattern breakout on 5min chart.
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