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.
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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.
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Nifty has the flag pattern breakout on 5min chart.