NIFTY Weekly 3Rd flag Possible (Bull Run Resumes)Hello Everyone,
Nifty Weekly Creating FLAG pattern along with channel trendline support and EMA 50 as support also a RSI oversold conditions. as compare to previous flag if this going to happened then NIFTY 31000 possible till start of 2026 . buy on dips is the strategy for investors.
hope you liked then hit like this will help me to post more technical analysis and ideas.
Niftyflag
NIFTY TRADE IDEA Tuesday 30 Mar 2021If breaks the Green Trendline above 14570 or the flag channel drawn, then 14670 may be seen.
Bollinger Band will expand upside.
If breaks the inclined TL + red Trendline below 14470
Gap filling possible
Bollinger Band will give the signal by expanding downside
Price has retraced upto 38%
According to Elliot Wave, Wave 2 may retrace anything less than 100%,
so, contrarion view is of gap filling.