$NIFTY is a no brainer in a downtrend. However, last sessions have seen an upside push. So the question that is bothering every one is whether the down trend is over? Well! only time will tell whether the downtrend is over. The last swing high on 1 hour time frame is a crucial in answering this question. If price breaks this line/zone on the upside and retests...
I daily make educational content videos for financial markets.
I daily make educational content on Financial markets
I daily make educational videos on Financial Markets Analysis done in this video is based on Price action only
Bullish 17936 Bearish 17660 Wait for long Green or Red Candle to show the trend
Technical Analysis Bullish Target 39789 || 41243 Bearish Target 36050 || 34446
All levels and trade idea is mentioned in shared chart Disclaimer : I am not SEBI registered advisor so take the trade on your own risk.
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits. Remember there is always a risk. Here breakdown can happen in up side to continue...