Pivotal_Traders

NIFTY: A Recovery Road to Begin ? Flag Pattern on 1H

Long
NSE:NIFTY   Nifty 50 Index
NIFTY is witnessing its testing times and now with the positive close following the expiry day gives a sense of strength to the market. However things would be much crucial on monday and all positions are to be cautiously watched.


A Flag pattern is being witnessed on 1H,15M chart of the nifty which might signal exhaustion of the bearish mode for some time, neverthless the overall sentiment remains negative.

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