NIIT Technology Flag Pattern

It is just forming a weird pattern where it is moving up after a period of 3-4 days and the next day it shoots more up (due to short covering). The next day it falls never breaching that level for some time into some sort of convergence.

Let's bet on that.

Short as long as the stop loss is not broken! If it gaps up, even better. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy and take if there is sell case only.

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