NIFTY REALTY Possible Flag Pattern

Nifty Realty IndexNSE

Description

⋅ Oct 24, 2020 2:44 PM

NIFTY REALTY on 20th Oct gave the long-awaited triangle breakout followed by a quick attempt to break the resistance at 239-240 levels. This was rejected and then it fell into a channel consolidation (descending) since 22nd Oct.

Possible breakout/down confirmation levels
Breakout - 237.15
Breakdown - 233.9 (Aggressive), 232 (Conservative)

Just a Beginner trying to learn pattern analysis. Looking forward to corrections and insights.
Cheers ;)