NIFTY 50 : Bullish - Ascending flag detected NIFTY 50 : Bullish - Ascending flag detected
To monitor/
The exponential moving averages 50 (in pink)and the exponential moving average 200(in white)
The market could rise around 25 507 .
But be careful there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!
So a bearish return is possible around 20 000, then 18 150
Be safe!
