Nifty currently seems like forming a Bull Flag kind of pattern. We can initiate a entry after a candle close over 15800 levels on atleast hourly chart. Targets can be round levels of 15900(intraday) 16000 and 16200(swings).
Market Seems like bullish after nifty sustains above 15900 level but for short timeframes. Overall market is still bearish on weekly and monthly charts.
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